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This revision reflects better-than-expected loan recovery rates and tighter risk management. The younger Munger favored physics over business. He graduated with a PhD in atomic physics from the University of California at Berkeley and spent much of his professional career working as an experimental physicist. Before discussing the specifics of the proposed Defense, Security and Resilience bank, we need to understand the nature and functions of an MLI. These international financial organizations, formed by multiple countries, provide financial support to member nations. This support primarily comes in the form of loans, guarantees, and grants. By pooling resources from numerous countries (and sharing the risk), MLIs can offer favorable lending terms and promote economic development, stability, and cooperation among member nations. Growth projections for Allied Finance have been revised upward, with consensus EPS estimates for FY2024 increasing from $3.21 to $3.