
Ep 399. Berkshire Hathaway’s Homebuilder Investment, Market Positioning, and Assessing Business Profit Persistency
Focused Compounding
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The Importance of Profit Persistency
This chapter explores the concept of profit persistency and its significance in evaluating industries and businesses. It discusses the financial performance and valuation of Next Star, a TV broadcast company, as well as the resilience of local TV stations compared to newspapers. The speaker also shares personal experiences and concerns about investing in industries without proper knowledge.
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