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Steve Romick, FPA Funds – Live at Future Proof! | #444

The Meb Faber Show - Better Investing

CHAPTER

Is Carmax a Growth Engine?

We don't have a full position, because in a recession, we would expect that the company would go down. But this is a business at carmax that sells us retail, use wholesale. Theyre over earning on their auto loan side. And they got a wholesale side that i think as is a growth engine. Sometimes things are undiscovered. You know, more often than not, they're, they're misunderstood.

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