2min chapter

The Alchemy of Money cover image

Adam Mead, Author of The Complete Financial History Berkshire Hathaway

The Alchemy of Money

CHAPTER

Buffett - Is the Average Business a Good Business?

I'm always I'm struck by Buffett saying like, okay, I want to bet on wonderful businesses. And then she keeps operating a lot of his capital in industries that are large and extremely competitive. Whether it's insurance or retail on some cases. It just becomes increasingly clear how important managers and talent are in Buffett will say it over again.

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