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Non-Tech : Berkshire Hathaway Class B
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To: Elmer who wrote (1505)7/12/2003 2:57:47 PM
From: Jacques Newey   of 1652
 
Elmer, "you can't spend "relative performance" in an epic bear market."

No, but you can preserve capital.

Buffett says (paraphrasing): "the first rule in investing is not to lose money. The second rule is to not to forget the first rule."
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