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Howard Marks & Andrew Marks: Something of Value
Acquired
The Perfect Transition: Selling
I wrote a memo in January of this year, I think it was called Selling Out. And you know, you reach a certain age when it's a good thing to have an exit. So we have an exit at our option. We still run the place. They consult us. They help us. It just couldn't be better. Buffett talks about skipping to work in the morning and I skip inwardly. Well, and other big topic I wanted to cover from the memo is just that. This is the perfect transition. You each brought very different perspectives to the topic of selling.
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