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How to Make money buying Good business paying a high multiple?
Terry Smith (Fundsmith) Presentation
Investment Strategy
Importance of ROCE
Which one do you want ?
High sustainable ROCE means Good returns in Longer term
Overplay - At what value would you play buy and sell this co. ?
Reverse it
What you say now?
PepsiCo
Unilever Example
Overplay ?
MSCI world consumer staplee Historic P/E
Sector Returns
Do nothing for compounding
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