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The Importance of Outperforming Companies
Muggar: I'm a huge supporter of new, exciting companies that may not be profitable right away. Muggar: But that's not where the long-term investors are looking. He says venture capitalists are real investors and they're very good at choosing the right horse to bet on. "I think it was great that Buffett finished that whole idea by saying if he would love to be born today and start with not much"