4 Comments

This was beautiful gene,thanks

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Thanks for sharing Gene, great article. What was the PE ratio of RJR back in early 80s when Buffett bought and thought he was getting a 100% near term return for the tobacco business part?

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This article you perfectly captures Buffet’s simple investment strategy and the main reason why he has such a long term successful investment return.

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Good advice for investors (think about what can go wrong) and for everyone (question one’s assumptions). Thank you!

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