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Strategies & Market Trends : Value Investing
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To: Mark Marcellus who wrote (42905)6/29/2011 2:57:51 PM
From: Calvin_2011   of 78670
 
Hi Mark,

Thanks for your feedback and sorry for the late reply. I agree with you. One of the favorite examples Buffett likes to use is the Coca Cola Company. He likes to recount how the company has thrived over the time in spite of two world wars, great depression and many post WWII recessions. I guess his point is that a great company with strong moat trumps most of the external factors including government regulations in this country.

Calvin
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