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...) big enough to make a meaningful impact on Berkshire’s earnings, (b) possible to reliably value, (c) have trustworthy and competent management, and (d) are available at a reasonable price....
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...appear that S&C may have some problems,” he added....
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...East’s 2C rebid is possibly the worst bid of all, but playing a system where you can open short minor suits always means competition is harder....
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...Some would probably argue that more information is not the same as better information . . . but c’mon....
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