It's always fascinating thinking about dividend aristocrats and their prudent management throughout the years, to achieve such a high streak of continued growth. Businesses thrive and fail, and that's ok. It's not meant for every business to exist for 50, 70 years or more. Sure, businesses innovate and adapt throughout the years. Hence many of the companies we invest, tend to be more than 100 years old.
How many wrong decisions does it take, though, for a business to fail? What if an incorrect acquisition or mismanagement of cash damage a company so much it