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In looking for investments and for business managers, Buffett recommends a cream-skimming approach. He suggests adopting the mindset of a basketball coach who, in a crowd of people, will immediately begin talking to the seven-footers. You only need one good player to make a difference.
University of Berkshire Hathaway: 30 Years of Lessons Learned from Warren Buffett & Charlie Munger at the Annual Shareholders Meeting
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