Thanks. I am commenting on this just so I can refer to the full text whenever someone claims that Warren Buffett believes in the Efficient Market Hypothesis (something which appears to be the case from this extract, and which numerous commenters on this story seem to vehemently argue ;) )
For posterity, the key quote for those looking to intuit Buffett's view comes on page 13: "I'm convinced that there is much inefficiency in the market."
