I wanted to highlight a few key points but honestly I think I'd be doing you a disservice as the whole thing was wonderful. He add really interesting color on Apple (AAPL), Pepsi (PEP), and normalized profit margins. Yacktman is one of my favorite fund managers and is somebody that I pay close attention to.
http://www.gurufocus.com/news/171597/investing-great-donald-yacktman-answers-gurufocus-readers-questions
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