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Warren Buffett's Strategy: The Power of Patience
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Warren Buffett is a name that dominates any talk about asset allocation. But the way I see it, mythology often covers up the real mechanics. We look at the billions and assume that the secret is impeccable market timing, infinite liquidity or a macroeconomic crystal ball. I used to think that too. The point is that the reality is much less glamorous and, honestly, much more uncomfortable to execute. While today Berkshire Hathaway operates with …
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