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Buffett is not above buying cigar-butt companies. Even though he moved away from the strategy his mentor followed (Graham), he does see the value of it. When y
by rmATinnovafy 14y ago
Buffett is not above buying cigar-butt companies. Even though he moved away from the strategy his mentor followed (Graham), he does see the value of it.
When you have a huge pile of cash, all you need is a conservative return.