Toll Bridge Like companies to hold in inflationary period ~ Warren Wisdom

Toll Bridge Like companies to hold in inflationary period , Warren Wisdom, Value Investing, Inflation Investing, Buffett Principles

In an inflationary world, a toll bridge (like company) would be a great thing to own because you’ve laid out the capital costs. You built it in old dollars and you don’t have to keep replacing it. ~ Warren Buffett

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