[UHAL – Amerco] Thoughts on Cyclicality
Posted By scuttleblurb On In [UHAL] AMERCO | Comments Disabled
I’m favorably biased towards UHAL (I wrote about the company in an investor letter that you can find here). A friend and subscriber who’s opinion I value holds a contrary point of view, that view being UHAL is a cyclical business trading at a somewhat above average multiple on peak margins whose profits will decline dramatically in [...]