EP 331. How No-Growth Stocks Can Lead to High Investment Returns
Focused Compounding
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Is There a Market Cap That Can Buy Back a Lot of Your Stock?
A company called illinois tool works has seen a 550% stock return over the past ten years. The sales growth for the company is negative, but they've been able to buy back a lot of their stock. This shows how you can still make a ton of money and do very well by focusing on predictable companies.
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