Warren Buffett: Uncommonly resourceful

​”Our experience has been that the manager of an already high-cost operation frequently is uncommonly resourceful in finding  new ways to add to overhead, while the manager of a tightly-run operation usually continues to find additional methods to curtail  costs, even when his costs are already well below those of his competitors.” -Warren Buffett, 1978 Letter to Shareholders (Kindle). 

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