A accepted affection amid acknowledged businesses is that they tend to be acutely frugal. The best companies do not decay money on vanity projects or fleets of clandestine jets; they save money area they can and reinvest any balance basic into value-creating opportunities.
The best acute (and best-known) archetype of this is Berkshire Hathaway (NYSE:BRK.A)(NYSE:BRK.B).
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