The Tao of Warren Buffett: Warren Buffett's Words of Wisdom: Quotations and Interpretations to Help Guide You to Billionaire Wealth and Enlightened Business Management

by Mary Buffett

GM and Intel, on the other hand, have to constantly spend billions on new designs and retooling. If either one stopped spending billions on new designs or retooling, it would be put out of business by its competition.

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