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PROFIT HOLD and TAX HOLD.
Mike Michalowicz • Profit First: Transform Your Business from a Cash-Eating Monster to a Money-Making Machine
First, all revenue to fund ongoing operations and continued growth now goes directly to a newly formed treasury controlled by the community.
Michael Lazerow • Venture Capital in a Decentralized World
Until 1998 BH run a levered operation by having more invested assets in the insurance operation than BH itself had in book value.
Business Breakdowns • Berkshire Hathaway: The Incomparable Compounder - [Business Breakdowns, EP. 63]
It was all about making the company stronger, without any debt, and having more cash in the bank. We wanted to take care of our employees, the insurance companies, and our buyers.
Willis Johnson • Junk to Gold: From Salvage to the World’S Largest Online Auto Auction
Morgan Light
morganlight.comAttention Required! | Cloudflare
bessemertrust.comIn 2017, Blackstone, one of the world’s largest investment firms, acquired a majority stake in TOG at a $640 million valuation.