Medifast, Inc. is an American nutrition and weight loss company based in Baltimore, Maryland. Medifast produces, distributes, and sells weight loss and health-related products through websites, multi-level marketing, telemarketing, and franchised weight loss clinics. Wikipedia

0:00 - Introduction
3:34 - Checklist & house keeping items
5:00 - What's the business?
7:07 - Competitive advantages
13:05 - Long-term prospects
14:13 - Capital intensive business?
15:53 - Relationship red flags
17:22 - Business Summary

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