Monthly Archives: May 2024

EBITDA Margins Inevitably win out over Bias Selection, Even for Those Deemed to be Legendary in Status.

According to an interview with Nikkei Asia in April 2023, Berkshire Hathaway swapped out almost the entirety (90%) of a $4.1 billion dollar investment in Taiwan Semiconductor, with the remaining shares sold some months later, for what was estimated to

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