Ep 386. Takeaways from Warren Buffett’s Shareholder Letter and Analyzing Ted Weschler’s Dillards Investment
Focused Compounding
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The Future of Berkshire Hathaway
Berkshire will always hold a boatload of cash and US treasury bills along with a wide array of businesses. We will also avoid behavior that could result in any uncomfortable cash needs that in convenient times, including financial panics and unprecedented insurance losses. Our CEO will always be the chief risk officer.
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