Post #7302 by Texirish on the US Policy board

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Well done EVBigMacMeal.

Yours is a post people should find a way to save and recall. Great summary of key people past, still present, and keys to the future.

You mentioned one point that I should have recalled. Warren said that he would do a better job of deploying capital in a future market meltdown than he did in 2008-09. He did lend money on attractive returns during that period - grew assets for future deployment when repaid. But he didn't make many deployments "Of Permanent Value", BAC being the possible exception.

Was glad to hear him make that statement. It is significant.

I think that's the game plan we're now following.

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