WARREN BUFFETT Quote : Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.
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Sunday, September 22, 2013

Warren Buffett compares US Fed to a Hedge Fund

Billionaire investor Warren Buffett compared the US Federal Reserve to a hedge fund because of the central bank's ability to profit from bond purchases while accumulating a balance sheet of more than $3 trillion.
"The Fed is the greatest hedge fund in history," Buffett told students yesterday at Georgetown University in Washington. - in ET NOW

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