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I think Warren Buffet got rich with Coca Cola Coca-cola is where he parks excess cash. He got the cash using insurance cash-flows (get cash now, pay out later)
by loumf 12y ago
I think Warren Buffet got rich with Coca Cola
Coca-cola is where he parks excess cash. He got the cash using insurance cash-flows (get cash now, pay out later) to fund utility building (needs cash up-front, pays out cash reliably for a long time)