“They only acquire about one four hundredths, one out of every 400 companies they evaluate. And they require a pretty high internal rate of return.”

Motley Fool Hidden Gems Investing · Is Berkshire Bending the Rules With Bending Spoons?

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What was described

acquire only about 1 out of every 400 evaluated companies and require a high internal rate of return before acquisition

1/400 acquisition rate

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