Bruce Greenwald on the balance sheet
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it means that you started with 100% -> down 50 -> 50% -> up 50 -> now you are at 75% (because 50% * 1.50 = 75%).
I think he meant to say it's down *to* 75
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what did he mean at 6.58:
"But don't forget, when the market goes down 50, and up 50, it is down 75" ?
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Warren Buffett is the best.
Great links
Google - clicky links warren buffett
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whats with the squeaking noises?
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Thanks for posting. Any ideas for where I can get the rest of this?
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test
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The squeaking noises are in your head
themightyhomer 11 months ago 4