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While practically everyone else is bemoaning their fate during a downturn, Miles Nadal has been capitalizing on opportunities. On Thursday afternoon, the founder and CEO of MDC Partners outlined his strategy for producing growth in the midst of a difficult economy in a one-on-one discussion – “Good Advice for Bad Times” – with journalist Nicole Lapin.
MDC’s leader looks to the words of Warren Buffett—who he referred to as “the world’s smartest man”—for practical guidance when it comes to the timing of acquisitions: Be fearful when others are greedy, and be greedy when others are fearful.
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