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The Second Great Mouse Trap
Before 19 90, i would say i wanted to buy good business is. And one of the reasons that i down sized my business after five years and then gave back all the outside capital is because i wanted to own both cheap and good. Moodies was one of the first that i was willing to pay over 20 times earnings for. At that time, was a lot, because intestrates were much, much higher.
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