EP 336. An Inside Look at Managing Investor Capital
Focused Compounding
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What Happened to Berkshire?
Companies like berkshire and blue chip were once very liquid. Now they're more likely to have a shareholder base that holds it for longer. Shareholders are quick to sell out if there's never been an attempt to take over the company, so it didn't end up in the hands of arbitrasers. The people who will turn you down are the ones who don't want togve up their stock no matter what.
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