Firm's Weetabix investment compounded at 21% over 25 years without debt
Tom Russo · Thomas Russo – Buy and Hold...and Then What (Capital Allocators, EP.16) · Jul 10, 2017 · at 14:40
Value investor Tom Russo discusses the performance and fundamentals of his multi-decade investment in British cereal brand Weetabix.
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“Over a 25 year period of time when we owned the shares, before selling them into a takeover by a private equity firm, I think they compounded at 21%. Never had any debt, just the steadfast growth and the profitability through reinvestment and cash buildup.”
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