Warren Buffett's personal life, particularly his relationships, had a significant impact on his business decisions. His separation from his wife Susie left him shattered and unable to focus on anything but business. This intense focus on business may have been a coping mechanism for his personal loss. After Susie's death, Buffett was so devastated that he was unable to attend her funeral. His subsequent marriage to Astrid Menks, who had been sent by Susie to look after him, did not change his business-first approach. Thus, his personal life experiences, particularly his losses, seem to have reinforced his focus on business.
When a group of economists came up with the Efficient Market Hypothesis, to explain how it was impos...
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