Acquired
Charlie Munger
Charlie Munger
He's afraid of retail. Practically everything that was Monty Mighty in retail is gone. Cesar Roebuck is gone. The big departments are gone, you know. It's just too damn difficult as far as he's concerned. And he had a bad experience with diversified retail, right? No, we made nothing but money in diversified. We didn't exactly make it in retailing, but we made a lot of money.
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