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Warren Buffet’s annual letter to shareholders

…purchasing companies] were known as “leveraged-buyout operators.” But LBO became a bad name. … Their new label became “private equity,” a name that turns the facts upside-down: A purchase of…

The Shrinking of Treehorn

…for their money, self-dubbed supermarket guru Phil Lempert says the best way is to hold onto supermarket register receipts for several months and then compare them. Most receipts not only…