The New Buffettolgy by Mary Buffett and David Clark

(3) Good price: Buffett likes good businesses run by good people, but he does not like to pay premium prices for premium companies. P11.2 In mid-2008, banking giant Citigroup, Inc. (C) sold for a market price of $19.30 per share, had 2009 expected earning per share of $2.70, and a projected dividend of $1.28. ................
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