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Michael Smokevitch
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Berkshire Hathaway Letters to Shareholders: 1965-2024, by Warren Buffett

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when a company is selling a product with commodity-like economic characteristics, being the low-cost producer is all-important.
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Berkshire Hathaway Letters to Shareholders: 1965-2024
Berkshire Hathaway Letters to Shareholders: 1965-2024
by Warren Buffett
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