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*Warren Buffett and Ajit Jain Answer Questions - Hour-Long Video

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I found the reference to volatility being your friend interesting, how it enables one to make more money. I always was wondering about this concept in terms of games, it's like playing a sport with beginners, you may always win but is it satisfying? Or does the money factor mean that one should always play with beginners (referring to the many participants in the stock market) when it comes to taking their cash :)

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