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Berkshire Hathaway Part I
Acquired
Compounding
i decided to leave berkshire land for a moment to illustrate the point. To illustrate the point of how much transaction costs on and taxes can interrupt the beautiful thing that is compounding. i went to a paper that was written in may of 20 20, from the yale school of management by a j waserstein, mark agnew and bryan o'connor. Do you know who that person is? Hamilton will thorn dyke. Will thorndyke, i shod ave gotten the author of the outsiders, who came on our book club course.
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