I have a new update on Patreon, which you can access by clicking here. I cover a stock that has deliver over 14% annual returns since 1979 while executing the same strategy today that it has been perfecting for the past forty years. In particular, it now trades at a much lower than typical P/E ratio due to several recent “disappointing” earnings reports, which I put in quotes marks because profits are rising but the recent reports have been at a lower rate than the proverbial Wall Street wants, and therein lies the opportunity for the long-term investor to capture double-digit compounding.
Originally posted 2019-05-26 16:20:50.
