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5min chapter
TIP482: How Warren Buffett Became the Greatest Investor to Ever Live (Part 1)
We Study Billionaires - The Investor’s Podcast Network
Buffett's Opportunity Set Was Beginning to Dry Up
For many years, Buffett's opportunity set was beginning to dry up and he was realizing it. It worried Buffett that he would potentially let his investors down because he wasn't able to find deals that met his investment criteria. He delivered the bombshell to investors in early 1970, letting them know that he would be closing down the investment partnership.
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