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Please skip the following introduction if you have read my previous articles. Additionally, if you've read my first article on Unilever (UL) (UN) (published in 2017), please skip Question 1.
Introduction
"It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price."
"Whether we're talking about socks or stocks, I like buying quality merchandise when it is marked down."
- Warren Buffett
What is a wonderful company, and what is "quality merchandise" from an