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Supersize returns: Europe

Supersize returns: Europe

In his 1996 letter to Berkshire Hathaway shareholders, Warren Buffett advised that investors should look to “purchase, at a rational price, a part interest in an easily-understandable business whose earnings are virtually certain to be materially higher five, 10 and 20 years from now.” Executed consistently, and combined with a good dose of patience, this strategy can deliver quite satisfactory results.

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