Buffett has reflected many times on the workings of a great businesses. In looking at the transcripts of his speeches to students, this theme and many other recurred. I put my first post up at Reflections on Value Investing today with some Buffett quotes and two terrific transcripts of his talks to MBA students at Notre Dame and the University of Florida.
Go over to Reflections and enjoy.
Friday, May 16, 2008
Buffett Reflects on Great Business: Rising Prices Equal Rising Profits.
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