Warren Buffett's story illustrates how childhood experiences can significantly shape adult life. Growing up during the Great Depression and with a verbally abusive mother, Buffett developed a strong need to feel loved and to be with women who would not criticize him. This need influenced his choice of spouse and his relationship with his family. His workaholic nature, possibly a coping mechanism from his childhood, also affected his family life, as his wife and children often came second to his work. This shows that childhood experiences can have long-lasting impacts on an individual's personal and professional life.
When a group of economists came up with the Efficient Market Hypothesis, to explain how it was impos...
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