
Adam Mead, Author of The Complete Financial History Berkshire Hathaway
Frederik's Labyrinth
Investing in the Stock Market
Buffett: You have these sort of two dynamics of capital turnover and margins. But really, what are you trying to do as an investor? You're looking for the good business. And he's fine, as long as the purchase price reflects it,. He's fine taking the dividends and finding another place for them.
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