Texas Instruments (TXN--$35)(TXN) TI is an analog semiconductor company which makes a huge variety of relatively inexpensive products for electronics and industrial customers. The company took advantage of its financial strength to make opportunistic capital equipment acquisitions during the last recession and over the years has been a prodigious repurchaser of its own shares.
From Wallace Weitz’s second quarter 2013 letter to shareholders.
From Wallace Weitz’s second quarter 2013 letter to shareholders.
