Book Review: The Snowball, Part Four

From The Aleph Blog
December 22, 2012 - 11:24pm

One thing I did not leave clear from my prior writing: Buffett does not think in terms of market value. He thinks in terms of book value, and how to compound it. That is how I think the markets as well. I think of the markets like a businessman does, and so does Buffett. Why [...]


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