Re: The 33 stocks in the Buffett Portfolio
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"The universe I can't play in [i.e., small companies] has become more attractive than the universe I can play in [that of large companies]. I have to look for elephants. It may be that the elephants are not as attractive as the mosquitoes. But that is the universe I must live in."
--Warren Buffett in June 25, 1999 (Business Week)
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Worth noting that this part is not as true as it was in 1999. The overall thought, however, clearly holds.
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