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Berkshire Hathaway Inc.
Business Bookshelf: Dishing up Buffett's business model
Business Bookshelf: Dishing up Buffett's business model

Warren Buffett likens the companies he buys to works of art. Sell your business to us, he once said, "and we'll put it in the Metropolitan Museum. It'll have a wing all by itself; it'll be there forever. Or you can sell it to some porn shop operator, and he'll take the painting and he'll make the boobs a little bigger and he'll stick it up in the window, and some other guy will come along in a raincoat, and he'll buy it." In one delicious metaphor, the investor summed up what makes Berkshire Hathaway, his holding company, so different from private equity, highlighting too how it differs from the shape-shifting conglomerates that have come...

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