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又学到了一个例外:有可能企业并购的价值大于回购。
引用:
2024-07-05 07:50
巴菲特致股东的信原文精读Day392:
原文:The second exception, less common, materializes when a business acquisition (or some other investment opportunity) offers far greater value than do the undervalued shares of the potential repurchaser. Long ago, Berkshire itself often...