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Investing Is Not That Simple
investing is not that simple. You have to factur in which price did buffet buy the sagat? I certainly boarded cib 75 dollars. And what was the probability of the event occurring at that time? Even though you are right that the probabilities are, say, 80 %, well, 20 % of that time the the deal phoning through will also occur. That doesn't mean that the best player would always best be the regal player,. even though you have perfect information, but it's most likely to en.