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
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McKesson: A Royalty On The Pharmaceutical…
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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