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How to Weather Through Inflation
Buffett talked about the types of businesses that are able to weather through inflation the best. Adobe specifically has strong and growing free cash flows from what I can see they have very strong pricing power. They've built out most of their products so when inflation hits they aren't affected nearly as much as other businesses. In November of 2021 the shares hit nearly $690 per share and during November of 2022 it's trading at under $290 per share. This seems pretty reasonable at the surface for a company that has grown their free cash flows per share by over 6x since 2012.