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There has never been a master plan. Anyone who wanted to do it, we fired because it takes on a life of its own and doesn't cover new reality. We want people taking into account new information.

Charlie Munger's opening speech at the 2004 Wesco Financial Annual Meeting, www.tilsonfunds.com. May 5, 2004.
There has never been a master plan. Anyone who wanted to do it, we fired because it takes on a life of its own and doesn't cover new reality. We want people taking into account new information.