2min chapter

Founders cover image

#229 Sidney Harman (Founder of Harman Kardon)

Founders

CHAPTER

Warren Buffett - Stock Buybacks

Sydney Harman: Warren Buffett is an advocate for small, well thought out acquisition acquisitions. He says the best reason to employ the company's cash to buy its own stock is that judgment that the purchase represents the best investment that the company can make. "If I don't understand it, I'll invest the time and energy to get that understanding," he adds.

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