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TIP524: Four Wide Moat Stocks for 2023
We Study Billionaires - The Investor’s Podcast Network
Amazon - The Best Investment Decision Ever
Tech companies could report dramatically higher current earnings if they wanted to. Early in their life cycles and with only a fraction of their markets conquered, digital businesses are in growth rather than harvest mode. They are wisely spending dollars today that will be worth more dollars in the future. To compare Amazon's or Alphabet's current profits to Wells Fargo is like comparing an apple orchard in the springtime to an apple Orchard in the fall. The latter is ready for harvest while the former is just beginning to grow.
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