Ep 386. Takeaways from Warren Buffett’s Shareholder Letter and Analyzing Ted Weschler’s Dillards Investment
Focused Compounding
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The Importance of Understanding Your Customers and Competitors
Warren Buffett says Berkshire Hathaway is not a stock picker, it's a business pickers. Warren: Most investors approach companies from numbers perspective and don't think about the relationship between customers and competitors. But when you're buying an entire company instead of individual stocks, there are two things that change your thinking.
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