Enduring Investing and Life Lessons with Guy Spier
Excess Returns
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The Probability of Berkshire Hathaway Declining by 50%
The probability that Berkshire has a huge sort of like mispricing is a follower now, but we cannot rule out that one of these days, Berkshire Hathaway declines by 50% for no good reason. It could happen. And then it, you know, and I have a theory that God is watching me, he's just in order to test me.
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