Warren Buffet's title as the Oracle of Omaha signifies his wisdom and expertise in investment and financial matters. The title 'Oracle' is often given to someone who is seen as a source of wise counsel or prophetic predictions. In Buffet's case, it refers to his ability to make successful investment decisions. Omaha is his hometown, and it's where he made most of his fortune. So, the title combines his wisdom in investment with his roots in Omaha.
When a group of economists came up with the Efficient Market Hypothesis, to explain how it was impos...
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