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#363 Li Lu and Charlie Munger and Warren Buffett

Founders

Lessons from Sam Walton: The Power of Deep Understanding and Resilience in Business

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This chapter explores the vital lessons gleaned from Sam Walton's business strategies, highlighting the balance between slow and fast learning crucial for success. It reflects on Walton's foundational experiences that propelled Walmart and Sam's Club to rapid growth, emphasizing the importance of deep business understanding and emotional composure during challenges.

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