The most surprising fact in consumer staples investing: PepsiCo outperformed Coca-Cola over 30 years. But the past decade tells a completely different story — and the reasons why matter enormously for investors today.
The Eight Commandments of Pershing Square are not a simply a checklist for finding great companies. They are a system designed to prevent them from owning a bad one as well.
Munger's greatest lesson for us was not some stock-picking formula. It was a better way to think. Here is how he built it — and how you can use it.
45,000 restaurants. 95% franchised. Nearly 220 million loyalty customers. A 50-year dividend growth streak. And a stock sitting at a multi-year low. Here is the honest bull and bear case on one of the most recognizable businesses ever built.
↓ -82.84 (-1.07%)
Quote as of Oct 16, 4:00 PM ET↓ -175.28 (-0.34%)
Quote as of Oct 16, 4:00 PM ET↓ -572.99 (-2.14%)
Quote as of Oct 16, 4:00 PM ET↓ -45.90 (-1.66%)
Quote as of Oct 16, 4:00 PM ET↑ 17.90 (0.43%)
Quote as of Oct 16, 5:00 PM ET↓ -577.08 (-0.70%)
Quote as of Oct 16, 5:07 PM ET↑ 898.34 (1.39%)
Quote as of Oct 16, 2:30 AM ET↑ 39.61 (0.37%)
Quote as of Oct 16, 11:30 AM ET↑ 0.01 (0.18%)
Quote as of Oct 16, 2:58 PM ET↑ 1.02 (1.04%)
Quote as of Oct 16, 5:00 PM ET↓ -0.03 (-0.05%)
Quote as of Oct 16, 5:00 PM ET↑ 0.00 (0.19%)
Quote as of Oct 16, 5:00 PM ET↑ 0.00 (0.36%)
Quote as of Oct 16, 5:00 PM ET↑ 0.01 (0.01%)
Quote as of Oct 16, 5:00 PM ET↓ -0.03 (-2.29%)
Quote as of Oct 16, 5:08 PM ET
