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#61 Malcom McLean: The Box: How the Shipping Container Made the World Smaller and the World Economy Bigger

Founders

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Buffett's Philosophy on Debt

Warren Buffett has a philosophy on debt that is counter to the vast majority of VCs on boards recommending taking debt. Malcolm McLean's obsessive focus on cutting costs was the key to his trucking success. The company grew into one of the earliest automated terminals in the industry, transferring freight while saving labor.

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