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Chris Bloomstran, Semper Augustus – Buffett, Berkshire, & Investing During The Energy Transition | #410

The Meb Faber Show - Better Investing

CHAPTER

The Market Capacity of Profitability

This feels like someone who's been through the late nineties and two thousands on the wrong side. Ewas heav bubble and profitability and a lot of aggressive accounting at the same time. Big tech companies give away 2% of their earnings beyond what they pay for dividends. We've had re purchases now in place that have consume massive amounts of corpora, down over that ten year period by about 7%.

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