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The market can stay irrational longer than you can stay solvent. A lot longer.

Warren Buffett can stay solvent longer than you can stay solvent. A lot longer. So far he's managed to stay solvent longer than the market has stayed irrational, in part because he stays diversified. Each of these two positions he just took, consumed less than 1/10 of his *available cash*, let alone any other assets he might have.

Is that not what i just said ???
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