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Wednesday, May 23, 2012
Investing In Tobacco Dividends – Collect ‘em If You Got ‘em
Warren Buffett and his pal Charlie Munger always say that they are looking for companies that have a “durable competitive advantage” and have low debt levels. Well, if millions of people around the world are strongly addicted to your product, and you have no real debt to speak of, does that qualify (Buffett has in [...]
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