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There are two hedges I know of one is cash and the other is knowledge.

Bruce Berkowitz

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Bruce Berkowitz
Knowledge
Two
Hedges
Cash
Investing

More quotes by Bruce Berkowitz

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We're non-diversified. We focus. Why not buy more of your best idea rather than your 60th best idea? How many companies can I really know well over time and focus on, on a daily basis?
Bruce Berkowitz