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  • Berkshire has the lowest turnover of any major company in the U.S.The Walton family owns more of Wal-Mart than Buffett owns of Berkshire, so it isn't because of large holdings. It's because we have a really unusual shareholder body that thinks of itself as owners and not holders of little pieces of paper.

    "Berkshire Behind the Scenes: Part 3". Interview with Rick Casterline, www.fool.com. May 30, 2006.