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Variety, the spice of Life

This letter’s emphasis is on the places you own companies.  I can tell you the great variety of countries playing in Brazil at the World Cup soccer games has got nothing on you. First, the context of these remarks is simply around diversification of investments; as you innately are aware, not having all your eggs in one basket is smart.  It is simply unwise to concentrate your investments in any one country, much less company.  For those who were…

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