Acquired
Charlie Munger
Charlie Munger
Yeah, well, but that's not true in Berkshire. You see, they know we're not trying to discard them to the highest bid. See, if someone has an old investment bank or offers us 20 times earnings or some lousy business, we don't sell. If it's a problem business we've never been able to fix, we'll sell it. But if it's a halfway decent business, we never sell anything.
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