by john kingham - uk value investor · 2018. 9. 12. · phqwv dfurvv pdq\ gl huhqw vhf-tors and...
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! "#"$%%&’" !"("%’)*’+,’-"!./0""""+12345"$6742385"92"1"54:923454;"351;4
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L$M$L’HL"G&H*’-
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DIVIDEND GROWTH IS NOTHING WITHOUT EARNINGS GROWTH, AND
EARNINGS GROWTH IS NOTHING WITHOUT REVENUE GROWTH.
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EVEN THE BEST COMPANIES IN
THE WORLD CAN TURN
INTO TERRIBLE INVESTMENTS
IF THEYRE BOUGHT AT THE WRONG PRICE.
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P"#"$%%&’" !"("%’)*’+,’-"!./0""""+12345"$6742385"92"1"54:923454;"351;4
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