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Acquired cover image

Berkshire Hathaway Part I

Acquired

NOTE

Focus on what matters and eliminate distractions

The great ones eliminate all distractions and focus only on what matters. Warren Buffett exemplifies this by spending hours reading annual reports and limiting distractions, showcasing the significant trade-offs that come with such intense focus. Additionally, maintaining secrecy around ideas is a key aspect of Berkshire Hathaway's success.

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