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applesauce2
4 months ago
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Warren Buffett steps down as Berkshire Hathaway CE...
Seems inaccurate to me. What I've heard is that BRK is famous for being hands-off. Their management team is too small anyway to have done much micromanaging.
tome
4 months ago
[–]
Correct. Berkshire only buys well-functioning businesses. '“Turnarounds” seldom turn'.
https://www.berkshirehathaway.com/letters/1979.html
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