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No. of Recommendations: 9
Is it KO that was talked about in Poor Charlies Almanac about the one company to hold and could
eventually become a 2trn dollar company and having the most secure moat of any company etc etc.


There is one very simple explanation: Charlie was wrong.
A lot of his description of the firm was just hindsight hagiography, and pretty obviously so even at the time.

Jim
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