"This is the publication I recommend
when people ask me what I read"

— Norbert Lou

On Deferred Tax Float

My favorite moments from the Berkshire Hathaway annual meeting Q&A are seldom the “set piece” answers, where Warren Buffett and Charlie Munger give well-rehearsed answers to questions you’ve heard before. Rather, it’s the the improvised statements that occur to them on the fly that usually stay with me. This year it was Mr. Munger who […]

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