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May 2, 2020

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    Brown-Forman: A Superb Business

    by The Compound Investor May 2, 2020
    May 2, 2020

    Brown-Forman (BFB), the owner of the Jack Daniel’s brand of whiskey, has been a ludicrous wealth creating machine over the years. We are talking well into the double-digits in terms of average annual returns for decades now. The Brown family aside, I imagine that this thing has made a lot of ordinary…

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