Warnie,
Go and read up a bit more about Warren, you may find similar performances in the past- it does not concern him- he is all about longer term perfcormance, and buying value. He is currently heavily into Derivatives and CDO's etc, which are out of the money, but many are not set to mature or expire untill many years from now- that is the invest hoizon he has taken.
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is this bloke for real?, page-15
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