24 Lessons From Warren Buffett’s Annual Letters To Shareholders
CB Insights
FEBRUARY 28, 2019
At the age of 26, Nebraska stockbroker and school teacher named Warren Buffett took his “retirement fund” of $174,000 and decided to start his own investment business. Companies have both tangible assets (factories, capital, inventory) and intangible assets, which include things like reputation and brand. to buy half of.
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