Brian Yacktman “My takeaway as I’ve looked back over this earnings season is that I feel most comfortable being aligned with businesses that have pricing power so that whether we have inflation, deflation, no matter what happens, whatever economic scenario we face, the businesses are robust in the face of that. And so, when I say enduring pricing power, what I’m referring to is that if you had a virtually identical competitor come along and undercut you on price, that you can continue to charge a premium and still grow your volumes. And that’s extremely rare to be able to find that type of business…”
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