2013 Berkshire Hathaway annual letter, borrowed from money manager Barton Biggs.
Berkshire Hathaway 2013 annual letter, borrowed from Woody Allen. Buffett borrowed this quote to explain that Berkshire Hathaway’s willingness to buy entire companies or just buy lots of stock gives it an advantage over investment firms that only invest in companies they can then control.
From a 2011 speech to University of Georgia business students.
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