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Unconventional Investments

Berkshire Annual Letter 1997 (Part 2) When Warren Buffett cannot find a well-run and sensibly-priced business with good economics, he will put his money into very short term instruments. While these...

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US Subprime Mortgage Crisis

For the past few weeks, financial markets around the world have been rattled by the US subprime mortgage crisis triggered by the sharp fall in US housing prices. The collapse that Bear Stearns suffered...

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