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How is our Portfolio?
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12-07-2005, 11:34 AM
buffett
Senior Member
Join Date: Dec 2004
Location: Graham-and-Doddsville
Posts: 133
Re: How is our Portfolio?
[ QUOTE ]
why do you think reverting to the mean applies?
[/ QUOTE ]
It's a question of time horizon. I expect near-term (next few years) underperformance and long-term (next few decades) outperformance.
buffett
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