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126 - 25 Years of Wisdom - Charlie Munger and Warren Buffett Part 1

Maven Money Personal Finance Podcast

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Why the Fed Shouldn't Have Acted Quickly

Warran buffet sold out of petro china for about a ten x return. Made, you know, two, three billion, whatever, shed load of change. And it was just from one line in the annual report. That they're willing to pay out forty five % of the income they produce. They're not fonds of classic due diligence. None of them would have been avoided by traditional due diligence decisions.

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