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Ep 386. Takeaways from Warren Buffett’s Shareholder Letter and Analyzing Ted Weschler’s Dillards Investment

Focused Compounding

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Buffett's Top 10 Best Investments of All Time

The hit rate on that from a good decision standpoint, one every five years. So I'm kind of curious, what do you think those good decisions would be? Those truly good decisions, as he said, if you had to start listing them. Oh, well, he talks about two from the 90s that would make sense. The railroad, BNSF and Geico in the last, you know, couple of decades.

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