Tag Archives: warren buffett

Absolute advantage

Absolute advantage refers to an economic pattern wherein a nation or a company uses fewer resources-per-unit of production than its competition. Warren Buffett invests in company who have absolute advantage.
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Warren Buffett – A Financial Demigod

By the age of 13, Buffet was running his own businesses as a paperboy and selling his own horse-racing tip sheet. That same year, he filed his first tax return, claiming his bike as a $35 tax deduction.
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