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Weekend reading

Indians taking over hotels in vacation areas: Distressed asset buying yields more than cash sitting in savings accounts

Sprint bets the company on iPhone: I’m shocked at management’s dumb decision making.

North Dakota’s oil boom: Fracking has created a huge boom in oil and gas

Euro break-up: The Consequences: Great report on the cost of Euro break-up

Finding Value in Hard-Hit European companies: Good time to look for European companies that have great assets and business operations in Europe and Emerging markets

Longleaf Q3 letter: Always good to hear their thoughts

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