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I appreciate the EV calculation. That would probably raise the marginal value at which someone like Warren Buffett would buy a company, fix its problems, and m
by khafra 15y ago
I appreciate the EV calculation. That would probably raise the marginal value at which someone like Warren Buffett would buy a company, fix its problems, and make it productive again. I doubt he'd shut down Berkshire Hathaway, or that it would even slow down people intent on creating a startup; but it would have a marginal effect.
Still a bit different from the classic "going galt," though.