EP 301. Capital Allocation, 1967-1969: Buffett Buys National Indemnity -- and a Primer on Insurance Companies
Focused Compounding
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Buffet's Float - The Best Fashion Ever
He bought stock in berkshire hathway, too. So basically, it worked. And he did not want jack to get cold feet. The company a 19 point four million in float around the time of the acquisition. This was the first step that buffet went with capital loccation to really get away from a failing texile mill.
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