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Warren Buffett and Charlie Banger
Mongam: "Best of us would be wrong one or three times" Warren Buffett's investments have had a very high success rate, he says. But if you equal weight every one of those 70 bets, it would be a terrible record, Mongam says. Do you believe in having some other intelligent investors or partner similar to Mr. Buffett? And if so, how do you avoid maybe confirmation bias or group sync?"