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Warren Buffett and the Interpretation of Financial Statements: The Search for the Company with a Durable Competitive Advantage, by Mary Buffett

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In other words, one of the indicators of the presence of a durable competitive advantage is a “history” of the company repurchasing or retiring its shares.
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Warren Buffett and the Interpretation of Financial Statements: The Search for the Company with a Durable Competitive Advantage
Warren Buffett and the Interpretation of Financial Statements: The Search for the Company with a Durable Competitive Advantage
by Mary Buffett
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