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Berkshire Hathaway Part II
Acquired
Warren Buffet and Charley Buffet
The author left his company three years ago, but is still working there full time. He says he's always thought of businesses in terms of their value relative to their hard asset net worth or cash on the balance sheet. The goal of owning a business should actually be one that the business spits out more cash than it consumes,. And ideally, too, that it consumes as little cash as possible.
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