A Buffett Disciple On What To Do About Market Turmoil by Guy Spier, Observer

“Back in the day” is an expression I had not heard until I came to Wall Street. To me, it denotes the speaker’s harking back to prior time. A golden age. A time when things were getting better, and what we lacked in experience was made up for by a generally benign and improving environment.

But that it is emphatically not where we find . . .

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