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Ep 386. Takeaways from Warren Buffett’s Shareholder Letter and Analyzing Ted Weschler’s Dillards Investment

Focused Compounding

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The Benefits of Purchasing Public Securities

The 1990s bubble may explain the dealers thing. Not only were people not wanting stocks and trying to get out of that in general at the time, but if they were getting into stocks, they were selling things like dealers so they could buy things like Amazon. Remember, the argument was sell everything offline. The two buckets were the online and the offline, right? The pandemic winners and the pandemic losers. Those are literally the words people were using. It's the pandemic winners, pandemic losers, right?

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