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  • Finweek - English

    The power of retained earnings

    Mar 13, 2020 2 minutes
    By Simon Brown

    berkshire Hathaway’s annual letter from Warren Buffett is available online and worth a read for its many gems.

    The first one for me was a mention of a book I’d never heard of: Common Stocks as Long Term Investments by Edgar Lawrence Smith. It was published in 1924 and is still available.

    For Buffett the key thesis is the power of retained

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