Question: From the Chapter 1 opening vignette on page 3 titled Warren Buffett: The Oracle of Omaha, answer the following two critical thinking questions: What are

From the Chapter 1 opening vignette on page 3 titled "Warren Buffett: The Oracle of Omaha", answer the following two critical thinking questions:

  1. What are some of the benefits of owning companies in several different industries? The risks?
  2. Why is it important for Buffett to allow managers the ability to run the firms as they see fit?

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