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Strategies & Market Trends : Value Investing

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To: Graham Osborn who wrote (60546)	3/19/2018 3:26:06 PM
From: Paul Senior	Read Replies (1) of 78751

I'm with you about Buffett not latching on to facebook. Back in the day, Buffett liked advertising agencies because they got their cut (about 15%) of ad revenue. Kind of a toll both - he said he liked that. If you wanted to advertise, you went with an advert agency. So like you, I don't understand how he couldn't or wouldn't have made the leap to FB with its great advertising revenue. Or maybe AMZN? --sell your product on AMZN and AMZN essentially is the advertising.

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