Bruce Greenwald on A Boring Value Stock; Nestlé [VIDEO]

Bruce Greenwald on boring ugly stocks. He gives one example of this type of equity, Nestle. He thinks that their operating leverage allows them to grow revenue much quicker than other companies. He thinks that even if multiple does not grow, the company should return 10-11% and has very low risk. Previous videos of Bruce Greenwald can be found here Bruce Greenwald: China To Get Ugly, Europe Is Turning Into Japan.

H/T ValueInvestingWorld