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"Cost-cutting for its own sake is often just as shortsighted as overspending and can seriously damage future profitability. Many companies have undermined their highly profitable franchises by commoditizing them through cost-cutting." - Charles Koch
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Gongol.com Archives: May 2012
Brian Gongol
May 7, 2012
Notes from the 2012 Berkshire Hathaway shareholders' meeting
Notes attempting to capture the essence of what Warren Buffett and Charlie Munger said on May 5, 2012