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The need for growth eventually kills all these companies. There’s just no concept on Wall St. that a company can so completely saturate the market that there’s nowhere else to go. It’s a relatively new concept that companies really can dominate the whole world in their market segment.


> There’s just no concept on Wall St. that a company can so completely saturate the market that there’s nowhere else to go

They’re called utilities. They pay a nice dividend and are valued with at a sober multiple.




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