Thread: Reconciling "Random Walk" with "Market Wizards"
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Old 05-13-2005, 08:15 PM
edtost edtost is offline
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Default Re: Reconciling \"Random Walk\" with \"Market Wizards\"
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Buffett's success is basic value investing principles, he buys undervalued securities. He's just been at it a bit longer, and is a bit better at it, than all the other value investors.

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Or undervalued investments are becoming harder to find as the markets become more efficient....
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