Author: Brad Thomas, Wide Moat Research

The years ahead could turn out to be wonderful for companies like this one.

I’ve seen this type of thinking too much.

In short, you pulled something off that I never thought I’d see. But it’s time to call it quits, there’s a better way forward.

The truth is far more nuanced and – for intelligent investors – potentially profitable.

Paying a 4.9% yield, this fund has produced 78% returns over the past three years, nearly 3 times better than the S&P 500.