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Here’s where investors may have to make some assumptions. The last two fields, however, are essential to the accuracy of the calculator. The first is the average annual dividend yield for a particular stock. Companies usually list this information on its web site under “Investor Relations” or a similar title.

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Now, he’s the company’s single largest shareholder with a stake worth an estimated $23 billion. Munger’s approach also helped Buffett invest in See’s Candies, …

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