Mykhaïlo Golub

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We also made a major acquisition, Waumbec Mills, with the expectation of important synergy (a term widely used in business to explain an acquisition that otherwise makes no sense). But in the end nothing worked and I should be faulted for not quitting sooner.
Mykhaïlo Golub
No sense synergy
Berkshire Hathaway Letters to Shareholders: 1965-2024
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