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Berkshire Hathaway Part I
Acquired
Warren's Dejected
Yas his i mean, he has been graham and through at this point in his life, it's rule number one, don't lose money. And then you also have this thing going on where because everything is so tied to the purchase price, rather than the betting that you'll be able to generate a positive outcome, his mood is tied to purchase prices. So by mid 19 69, warrenslike he's done. He starts making plans to wind down the partnership. They're either too smart or too dumb to take him up on it.
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