052: Closing In On A 20 Bagger
After Dinner Investor | Value Investing Podcast On The Hunt For No-Brainer Stock Investments
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Is This a Short Term Blip in Our Plan Here?
Let's say apple the money that it retains and invests, or its equity, however we want to calculate, let's just say their business grows at 13 %. It pays out dividends, and it's like, wow, what a great job i did of number one, buying apple and the number two, actually holding it and not selling a share for 25 years. What an amazing accomplishment. But then some cycopath somehow takes over the companyd becomes the management and let's say they do a horrible job. And at that point, i i have moves. I can go, ok, the business isn't getting better. I'm just going to sell time to get out of this
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