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Brian Yacktman discusses boring but dominant businesses that have been left behind, with Bloomberg

Brian Yacktman discusses boring but dominant businesses that have been left behind, with Bloomberg

“….so long as we have business being conducted in the world people are going to want to issue debt to lower their cost of capital. And so, these guys, [Moody’s and S&P Global] we view them as just having an evergreen cash flow and that they have pricing power on that Global debt issuance industry because of that Global Network effect, that global language that they’ve created…”

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