2009-Afternoon Session-BRK Annual Shareholders Meeting
Berkshire Hathaway Annual Shareholder Meetings (since 1994)
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Value Investment Philosophy at BYD
The investment philosophy at BYD is focused on getting a lot of value for the expected cash in the future. The term 'value investment' is seen as puzzling because the team believes that all investments should be based on value. They emphasize that their approach to investing in BYD is centered on the logic of getting a lot for the expected future cash.
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