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Value After Hours S04 E17: Warren Buffett and Charlie Munger's Berkshire Hathaway Meeting in Omaha

The Acquirers Podcast

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Are You Going to Get Rational?

i'm really interested to see what happens three years out from all these multiples in bloating. Because i actually think it's highly rational for a company to spend as much as humanly possible when they're being rewarded like they were. I would have done the exact same thing, especially if the debt markets funded it. But whether it's rational? Answer therefor is rational in that moment,. Whether it is rational, long time fild business, i think it's a different question.

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