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Your Portfolio's Best Defense for an Uncertain 2023
Stansberry Investor Hour
How to Capture Trends Over a Period of Time
I don't like debt so if I saw two major defense contractors and one had nine billion in net debt and one had 28 billion innet debt. Even if we think that these companies can sort of have price control and if inflation hits 7% they could pay a 7% dividend but not true for defense conquerors that have debt. A lot more debt means more financial risk and there is no way around it. even where you have a couple of big moats sitting right next to each other the one with six times more debt is riskier by definition cannot avoid it.
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