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Business Quote by Charlie Munger

“When someone takes their existing business and tries to transform…” quote by Charlie Munger
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“When someone takes their existing business and tries to transform it into something else - they fail. In technology that is often the case. Look at Kodak: it was the dominant imaging company in the world. They did fabulously during the great depression, but then wiped out the shareholders because of technological change.”

Charlie Munger

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