That's because growing businesses have both working capital needs that increase in proportion to sales growth and significant requirements for fixed asset investments.

这是因为成长中的公司不仅需要维持其销售增长的运营成本，还有大量的固定资产投入需求。

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These funds held a combination of equity and fixed income investments, hedge funds, venture capital funds, specialty funds and cash.

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Buffett's role the last few years has been to allocate capital to several key corporate acquisitions and investments in distressed corporate situations and special fixed-income investment strategies.

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