Charlie where this thinking of not buying cheap bargain but buying quality business at fair value came from?
Charlie - I have a habit of analyzing what works and what doesn't work. I have seen so many idiots get rich in easy business.
Listen to what Buffett learnt from him.
Why don't you buy business with bad management then change them to extract value? Why stick to good management.
Charlie - “If you want to ruin your life try changing your spouse.” it doesn't work.
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