Is That the Smartest Way to Play the Game?

Philip Kenstad, who wrote the book on uncommon profits, common stocks, uncommon profits, he had a simile. Took him away from all the makrel predictions and trying to factor in whach factors are going to be the the winners over the next period of time. He just knew that he'd be the only one out there predicting that ad. And i think that's probably the smart way to play the game. That's really the way to buffet a munger. Have been in the game the whole time.

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