Warren Buffett's life story suggests that personal experiences can significantly shape professional success. His upbringing during the Great Depression and the influence of his parents, particularly his stockbroker father, likely contributed to his interest in finance and investment. His need for love and approval, stemming from his relationship with his verbally abusive mother, may have driven his ambition and work ethic. However, his personal life also suffered due to his intense focus on his career, indicating that personal experiences and professional success can sometimes be at odds.
When a group of economists came up with the Efficient Market Hypothesis, to explain how it was impos...
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