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Mr. Buffett's rules for deal-making at Berkshire are fairly well known, and they include making a high initial offer with little room for negotiations and choosing a target with relatively few surprises.
This was achieved by essentially making a high pass filter with a very large time constant.
Many of the games in the opening set were close but Williams constantly had the edge, despite making a high proportion of errors.
For instance, by making a high contribution rate the "default option" for employees, they would tend to deduct (and save) more from their paychecks.
A few years ago the financial services organization identified a group of low-margin customers who were making a high number of service calls.
Results from this system in personnel staffing show the high capability of the model in making a high quality personnel selection.
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There are times when making a high-risk choice can be worthwhile.
"You heard a lot of beeeeeps," Mr. Williams said, making a high-pitched noise.
Obama can count on active French support in making a high-profile negotiating effort.
But it's more than just a simpler, less expensive way of making a high-value product.
"In making a high-quality dial, there is a 60 percent risk of defect," Mr. Journe said.
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