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Joel-Oskar
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Berkshire Hathaway Letters to Shareholders: 1965-2024, by Warren Buffett

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The trouble this pricing has produced for all carriers illustrates an important truth: In a business selling a commodity-type product, it’s impossible to be a lot smarter than your dumbest competitor.
See Joel-Oskar’s 8 notes & 133 highlights
Berkshire Hathaway Letters to Shareholders: 1965-2024
Berkshire Hathaway Letters to Shareholders: 1965-2024
by Warren Buffett
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