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Goldfarb: When Quality Was Really on Sale

Sequoia's Bob Goldfarb reminisces about buying great companies at single-digit multiple valuations in the mid-1970s.


Mike Breen: Bob, you've been at the firm for 40 years now?

Robert Goldfarb: Thirty nine. Going on my 40th.

Michael Breen does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.