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by dh2022 416 days ago
Warren Buffet is interested only in solid businesses, not in buying distressed assets in a fire-sale. One of his maxims: "is better to buy a wonderful business at a fair price, then to buy a fair business at a wonderful price"
1 comments

He bought a bunch of newspapers when he knew they were on the decline and extracted money from them. He sold them all in 2020.