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Acquired

Starbucks (with Howard Schultz)

7435.477 - 7459.513 Howard Schultz

Amazon has this. Apple has this. Berkshire has this, the insurance business. But it's effectively interest-free loan from customers and a loan that's not all going to get called at once. Some of it will never get called. Right, the breakage. And so there's this benefit of it's a reasonably predictable amount of cash that comes in that you get to use for your advantage.

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