The Great Depression had a significant impact on Warren Buffett's life. Born in 1930, he grew up during this period with a stockbroker father. This environment likely influenced his interest in finance and investment. However, the hardships of the Depression also instilled in him a sense of thriftiness, as indicated by his vanity plate 'THRIFTY'.
When a group of economists came up with the Efficient Market Hypothesis, to explain how it was impos...
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