Yum! Brands Is Priced For Perfection In An Imperfect World

I am attracted to companies like Yum! Brands (NYSE: YUM ) that operate under an asset-light business model. It's a long-term investor's dream, as it can lead to staggering growth rates, lower risks, and predictable cash flows.Philipp is a seasoned value investor with nearly 20 years of experience in the field. He takes a global approach to investment opportunities, seeking out undervalued companies that offer a significant margin of safety, leading to attractive dividend yields and returns. While he does no ...