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Warren Buffett

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We have tried occasionally to buy toads at bargain prices with results that have been chronicled in past reports. Clearly our kisses fell flat. We have done well with a couple of princes—but they were princes when purchased. At least our kisses didn’t turn them into toads. And, finally, we have occasionally been quite successful in purchasing fractional interests in easily-identifiable princes at toad-like prices.
--
1981 Chairman's Letter

 
Warren Buffett

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Flies can eat toads! (Although astonishment may be lessened in noting that the tiny toads are much smaller than enormous fly larvae.) Unusually large insects and maximally small vertebrates have also been featured in the few other recorded cases of such reversals - frogs, small birds, even a mouse, consumed by praying mantids, for example.

 
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