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Quote of the Day
"Warren wants to keep Berkshire safe for people who have 90% of their net worth invested in it. We’re always going to be on the safe side. That doesn’t mean we couldn’t do something pretty aggressive or seize some opportunity. But basically we will be fairly conservative. And we’ll emerge on the other side very strong."(Charlie Munger)
Chart of the Day
Yield chasing has been a disaster in 2020.