STREET DOGS: The story of the Gotrocks
In a letter to shareholder, Warren Buffett explains the benefits of keeping things simple
07 December 2020 - 15:40
From Warren Buffett’s 2006 letter to Berkshire Hathaway shareholders, the story of the Gotrocks:
This family, generation after generation, got richer by the aggregate amount earned by its companies. But then a few fast-talking Helpers persuaded them to try to outsmart other shareholders. The Helpers — for a fee, of course — would handle these transactions...
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