McKesson: A Royalty On The Pharmaceutical Industry
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According to Warren Buffett, the best business is “a royalty on the growth of others, requiring little capital itself.” To illustrate, he’s used the example of a monopoly toll bridge. McKesson fits this mold and offers a 10% earnings yield to boot. A little over a year ago, Dan wrote up McKesson. It’s a stock we’ve been studying for years and one that continues to intrigue us. Rather than rehash
McKesson: A Royalty On The Pharmaceutical Industry
McKesson: A Royalty On The Pharmaceutical…
McKesson: A Royalty On The Pharmaceutical Industry
According to Warren Buffett, the best business is “a royalty on the growth of others, requiring little capital itself.” To illustrate, he’s used the example of a monopoly toll bridge. McKesson fits this mold and offers a 10% earnings yield to boot. A little over a year ago, Dan wrote up McKesson. It’s a stock we’ve been studying for years and one that continues to intrigue us. Rather than rehash