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gwern comments on Rationality Quotes: December 2010 - Less Wrong
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Source: 2002 annual letter to Berkshire shareholders, according to http://research.lifeboat.com/buffett_warns.htm and http://www.insurancejournal.com/magazines/southcentral/2002/03/25/editorsnote/19139.htm
The 2002 letter can be found here:
http://www.berkshirehathaway.com/letters/2002pdf.pdf