Rare video and audio of the full Q&A session with the world’s richest man and most successful investor and his partner.
46:52 Question from Bill Ackman
3:09:23 Calculating future rate of returns on an investment
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Key words:
Miss congeniality
Derivatives
Combine ignorance and borrowed money
No plan to split the stock
How to judge management: their past achievement, compare with other companies in the same industry, how they treat themselves vs shareholders
We get to work with the people we like
The prospect would be diminished if they pass but it will be one great company