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If this was done slowly, it could be an extremely effective strategy. Not too different from what Berkshire did with See's Candies.

http://www.fool.com/investing/general/2014/07/13/warren-buff...




Except...

1. No one dies if they don't get See's Candies

2. There are other chocolates out there


And you can make chocolates in your kitchen with ingredients from a grocery store.


I didn't mean to suggest what he's doing is good. Just that it's a common business strategy and this person applied it in a horrible way.

Most people don't want to get rich slowly, as Charlie Munger says


That's really very different. Berkshire isn't undercutting anybody in price with See's, just getting a premium for a brand name.


That is a fair distinction. I believe the common thing between them is exercising untapped pricing power.




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