When I think of set-and-forget opportunities I often times like the opportunity to come with a boring business. I don't want the business of my set-and-forget to excite people or to fluctuate greatly based on one variable or the other, I simply want it to exist as a normal part of reality - something that is accepted as a certainty.
There's nothing too exciting about the business of providing health and mineral nutrition products to poultry, swine, beef and dairy cattle, and other aquaculture markets but the business of doing this sure is profitable and it sure is consistent. That's exactly what had me bulled-up at the Phibro Animal Health Corporation (NASDAQ:PAHC) IPO and shortly after when I...
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