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Berkshire Hathaway Part I
Acquired
Growth Versus Value - Is That a Good Idea?
The value of a business could grow faster than the way that it's being priced in the market. Growth investing is, well, wouldn't it be nice if that cigar actually got larger and larger and larger faster than you could smoke it? And, like, not only do you have to not incur all those transaction costs there, but if you're willing to take some risk and be smart about analyzing what risks you're going to take, the business could sort of grow.
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