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Strategies & Market Trends : Buffettology
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To: cfimx who wrote (511)10/26/1998 3:17:00 PM
From: Axel Gunderson  Read Replies (1) of 4690
 
Twister:

You keep changing the argument. Harken thee back to the original. The question was how to value a company in which book value was mainly cash.

And my point remains - it is a circular argument to say a business should be valued based upon how it is valued.

Axel
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