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Book value vs market cap is the liquidator paradigm which is the advice that Buffet professes. But really he buys distressed assets. Structural buy ins such a
by sjg007 8y ago
Book value vs market cap is the liquidator paradigm which is the advice that Buffet professes. But really he buys distressed assets. Structural buy ins such as American Express, GEICO, Salomon Brothers, Goldman Sachs, General Electric, USG, Harley-Davidson and Bank of America.