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Strategies & Market Trends : Value Investing
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To: Paul Senior who wrote (2450)11/15/1997 5:29:00 AM
From: John Langston  Read Replies (1) of 78625
 
Paul: My understanding is that Buffet adheres to an antidiversification philosophy, which of course is completely different than Graham. I think his "other" holdings can be explained as arbitrage plays. He probably only pulls out the big bucks for his long-term holdings.

John
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