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6min chapter
TIP521: Warren Buffett's Shareholder Letters
We Study Billionaires - The Investor’s Podcast Network
Buffett Wants to Hold Wholly Owned Companies Indefinitely
Warren Buffett wants to be known as holding wholly owned companies indefinitely. He says that most business owners spend the better part of their lifetimes building their businesses. A lot of business people would rather sell to someone like Buffett who let the managers do their job and don't intend to ever sell the business.
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