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> I don't think Buffet has a good concept of financial disaster. Buffett's brain is not wired like the rest of us. He even takes losing small amount of money v
by sumedh 12y ago
> I don't think Buffet has a good concept of financial disaster.
Buffett's brain is not wired like the rest of us. He even takes losing small amount of money very seriously.
I remember watching Buffett's old video where he bought a gas station when he was young and then sold it as loss of $2000. He said that that the opportunity cost on that money is about $6 billion in early 2000.