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  • A lot of opportunities in life tend to last a short while, due to some temporary inefficiency... For each of us, really good investment opportunities aren't going to come along too often and won't last too long, so you've got to be ready to act and have a prepared mind.

    Charlie Munger's investment advice at the 2003 Wesco Financial Annual Meeting, www.tilsonfunds.com. May 7, 2003.