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Farnam Street

Key takeaways from The Timeless Parable of Mr. Market

Warren Buffett explains the timeless parable of Mr. Market, a powerful mental model we can use to gain perspective. Understanding Mr. Market allows us to remain calm and profit from the natural…

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Rather an investor will succeed by coupling good business judgment with an ability to insulate his thoughts and behavior from the super-contagious emotions that swirl about the marketplace.
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