Warren Buffet's simplistic lifestyle contributed to his success by allowing him to focus on his work and investments without distractions. His frugality is a reflection of his value-based approach to investing, where he looks for long-term value and avoids unnecessary expenses. This mindset has helped him make wise investment decisions and accumulate wealth over time.
When a group of economists came up with the Efficient Market Hypothesis, to explain how it was impos...
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