Imagine a company that earns a 15% return on the capital it uses to generate profits – a real 15% in cash after tax and all necessary capital expenditures, and 15% on the capital retained for growth. If you can buy it near the level of its
British market leaders who will stay streets ahead of the competition
Apr 19, 2024
2 minutes
“Mike Ashley, founder of Sports Direct, is the Warren Buffett of retail”
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