Warren Buffet's early experiences with business greatly shaped his approach to investing. From a young age, he demonstrated an entrepreneurial spirit and a keen understanding of business and finance. His early ventures, such as selling Coca Cola and gum, and his paper route, taught him the value of hard work, saving, and investing. He learned to see opportunities where others did not, and to take calculated risks. These experiences likely contributed to his development of value investing, a strategy that involves buying securities that appear underpriced by some form of fundamental analysis. As a result, he has become one of the most successful investors in the world.
When a group of economists came up with the Efficient Market Hypothesis, to explain how it was impos...
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