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Warren Buffett On Why AT&T is a Terrible Business

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Rupert Hargreaves
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This is the second of two articles on a series of lectures by Warren Buffett in his lectures to the Notre Dame Faculty in 1991.

Warren Buffett: The Tale of Two Companies And Pricing Power

The last article looked at a comparison between See's and Berkshire, and how See's has been a much more successful business over the years thanks to its pricing power. Whereas Berkshire's textile business struggled and was ultimately shut down by Buffett.

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Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway. Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK. Rupert covers everything value investing for Hedge Fund Alpha