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Lose 50% and you need 100% gains just to break even. That's why Warren Buffett obsesses over protecting his money—and why you should too.
A rare moment of shortsightedness on the Oracle of Omaha's part cost Berkshire Hathaway a small fortune.
Thomas Jeffersons famous line, “Im a great believer in luck, and I find the harder I work the more I have of it,” emphasizes that success is often the result of consistent effort rather than chance.