Sublime

This month marks 40 years since Danaher was founded. And over those 40 years, Danaher has delivered total shareholder returns over 180,000% and is the only US publicly traded company that has outperformed the S&P 500 in every five year period. Today, I wanted to share with you their very first shareholder letter.___LINE... See more

This is what Michael Mauboussin considers to be the ultimate checklist for measuring the moat of a company. https://t.co/j0kCRNrHh7