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Jack Burns: Advanced Asset Allocation for the DIY Investor

The Security Analysis Podcast

CHAPTER

How to Buy a High Quality Company

For a really high quality company, when your risk free rate is basically 3.5%, if you can buy a growing business with a moat at say, a 5% free cash yield, that's probably decent on absolute terms. The other thing I look at is long term trending and price of sales and price of the book for the stock itself. So like, what is this typically trade at? And I'd have to see it maybe get above that to sell it.

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