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Warren Buffett: Private Equity
Private equity is a pretty broad term and to its truest definition, it's really just equity that's private. That could take the form of anything from early stage seed to privately held company at a late stage series round. Warren Buffett can do those diligence things himself or hire an accounting firm or hire somebody to do the quality of earnings. He doesn't need to hire an investment bank to do a lot of what he wants to do.
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