Buffett

Clearly, Berkshire Hathaway doesn't have the agency problem

Mar
21
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The agency problem often occurs in corporate America.  With the agency problem, management takes actions that benefit themselves to the exclusion of stockholders. 

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Calling someone who trades actively....

Mar
14

“Calling someone who trades actively in the market an investor is like calling someone who repeatedly engages in one-night stands a romantic.”

- Warren Buffett

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