Focused Compounding cover image

EP 314. How Much Is Too Much To Pay for a Great Business

Focused Compounding

00:00

What's the Difference Between 20 % and 30 %?

The price was less than the book value, eh, then the amount of earnings re invested was basily a hundred %. As soon as he could, he got rid of the dividend. And then the return on that reinvestment was very high. It doesn't really matter whether a company has a 60% return on capital or 30%. But i'd rather by somting with a lower return, an invested capital that can retain all of it forever, then something that can't,. Ye, thatwas age, my next question.

Play episode from 07:35
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app