Post #4805 by LiveWire10k on the Berkshire Hathaway board

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No. of Recommendations: 6

I'm sure that everyone has one.

Appropriate to reference especially given recent chatter on this board. At one of the Berkshire meetings Charley responded to an attendee's question regarding asset allocation with "Asset allocation is bunk."

My own personal favorite, though, was his noting that he and Warren had become proficient in the field of "Sit on your ass investing".

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