ARTICLE NO. 179    May 14, 2007

ISCAR

I love this little snippet from Warren Buffet’s 2006 letter to shareholders as he describes an investment in cutting tool company ISCAR.

ISCAR makes money because it enables its customers to make MORE money. There is no better recipe for continued success.”

I love the simplicity of that statement. People love to make business more complicated. But, more often than not, simple wins… big.

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