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280 - Warren Buffett - Florida University, 1998

Maven Money Personal Finance Podcast

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Understanding the Business and People Behind It

In this chapter, they emphasize the importance of understanding the business and the people running it, rather than focusing on the size of the company. They discuss their investment approach, where they only invest in about five things and prioritize businesses they understand, regardless of their market cap. They also mention the surprising performance of large cap companies in recent years.

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