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Munger and Buffett are long-term investors. They have nothing against short-term positions, so long as those positions aren't confused with investments.
by cynicalkane 16y ago
Munger and Buffett are long-term investors. They have nothing against short-term positions, so long as those positions aren't confused with investments.
- eru 16y agoYes. They just do long-term investments in relatively simple businesses, because that's what they do best.