... so please help me understand. As I see it, all told Buffett has paid ~ $40 billion including the assumption of debt, for what looks like about $2 billion in free cash flow. Usually he pays a lot less for companies than this. It seems very expensive for a company that is unlikely to grow a lot in the future. I feel like I've just been sold a bond with a 5% coupon when I've come to expect a lot more than that from Berkshire. Please help clear my befuddled mind.
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