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8min chapter
#88 Warren Buffett's Shareholder Letters— All of them!
Founders
Investing in Quality Businesses Over Bargain Prices
The chapter emphasizes the importance of choosing quality businesses with high earnings rates on equity capital instead of bargain prices, citing Warren Buffett's strategy. It discusses the consequences of buying businesses at bargain prices and stresses the value of long-term investments in exceptional companies.
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highlights
Listen to the best highlights from the podcasts you love and dive into the full episode