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Buffett Loses To Desmarais As Power Exceeds Return
- pasbesoin 17y agoA very interesting backgrounder on the Demarais empire. Lengthy but worth the read. I wonder whether Putnam has/is/will be acquiring top talent made particularly available by current circumstances. Definitely worth keeping in mind. And interesting to read about the Demarais' move into financials (including insurance in the term), but with a much more long-term management approach and while apparently eschewing the worst forms of leverage.