April Idea of the Month: License to Generate Cash
April 17, 2015 at 17:02 PM EDT
If you’ve been reading Stock Gumshoe for long, you probably know that I love royalty businesses — companies that, instead of running a big operating business with lots of moving parts, whether it’s developing a drug or building a gold mine or establishing a retail supply chain or whatever other capital-intensive and risk-imbued activity that […]