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3min chapter
Berkshire Hathaway Part II
Acquired
What's the Difference Between a Great Business and a Fair Business?
Blue thip buys seas for 25 million dollars. Over the ensuing years, this little candy company delivers over two billion dollars s in free cash flow to first blue chip. When it would get absorbed into berkshire hathaway for a purchase price of 25 million. This is the first time that this concept of a wonderful business at a fair price versus a fair business at a wonderful price, is executed by warrend with charley's influence.
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