Some of the key characteristics that set Warren Buffet apart from other investors include his early start in business, his frugality, and his long-term investment strategy. He started his own business at the age of six and by 14, he had saved up one thousand dollars from his paper route. He also filed his first tax return at this age, showing his early understanding of finance and taxation. Buffet is also known for his frugality, often choosing to reinvest profits rather than spending them. His long-term investment strategy, focusing on value investing, has also set him apart from other investors.
When a group of economists came up with the Efficient Market Hypothesis, to explain how it was impos...
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