Transurban: The World's Worst Business

I mentioned Transurban just to give you the opportunity to tell me I was wrong because I'm a nice bloke like that. It's not as reckless as it sounds because on the main, these are very durable, long-lasting assets that have a great utility and are very much used. They just need to be juiced with all of that kind of stuff. So yeah, all of those things are still true. And frankly, the dividend yield that tells you more about Transurban's business than the earningsield in this case. But what I like about it actually in the end is it gave us the opportunity to talk about earnings and cash flows. And we got to talk about return