"[Warren Buffett ] met with all sorts of different groups about a lot of different things, but yes, he took the time, he listened and he wanted to understand about some of the different diseases and the strength of the American role in doing all these things."

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I believe that the mutual fund industry's biggest shortcoming is too much focus on the momentary price of a stock - an illusion - and too little focus on the intrinsic value of the corporation - the ultimate reality. I'm comforted by the fact that Warren Buffett feels the same way.

— John C. Bogle