1. The Fund that got Crushed by Valeant is Getting Sued

    The Fund that got Crushed by Valeant is Getting Sued

    NEW YORK (Reuters) - The investment firm that runs the Sequoia Fund, long known for its ties to Warren Buffett, was sued by shareholders who claim it recklessly took a huge stake in embattled drug company Valeant Pharmaceuticals International Inc , causing more than $2 billion in losses...

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    1. Just as it should come as no surprise to the gambler when the horse pulls up lame, the same holds equally true for the defendants.
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