Oh, and in relation to:
"If there is no Return on Capital – why provide such capital?"
That's one of the most insightful comments I've see on this forum.
I would, however, like to take the liberty of refining it by:
"If there is no Return on Capital – why:
1. provide such capital?, and
2. buy shares in such a business?"
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- investing for the long term. is there a future
Oh, and in relation to:"If there is no Return on Capital – why...
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