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Aswath Damodaran on the Future of Business Education
Masters in Business
The Benefits of Buybacks
Berkshire Hathaway has so much cash and not a lot of reasonably priced acquisition targets. Dividends because they're sticky requires some degree of confidence about future earnings. Today, if you ask me to make a list of 20 companies with reliable and predictable earnings, I'd have difficulty. You can't get 20 because everybody's business is changing.
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