"Consciously paying more for a stock than its calculated value - in the hope that it can soon be sold for a still-higher price - should be labelled speculation"

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Source: Warren Buffett On Todd Combs, Berkshire's New Hedge Fund Superstar by Joe Weisenthal, www.businessinsider.com. February 26, 2011.

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Warren Buffett

Investor, Businessman

Warren Buffett is a renowned investor and philanthropist known for his value investing philosophy and leadership at Berkshire Hathaway.

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