RE:RE:RE:RE:Target RaisedBuying 3.0% (cycle peak) net profit margin businesses operating in a cyclical industry at fair value (yes, the selling owners are not all stupid and we are now also at peak cycle value) can't be that great of an idea... Yes, it can be embellished with financial leverage... That also usually doesn't have a happy ending... Enough said... Let's watch and see how long this holds the road...
orepass