2min chapter

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#31: Rob Arnott On Engineering A Better Index

Superinvestors and the Art of Worldly Wisdom

CHAPTER

The Importance of Value Investing

The average investor spends less time thinking about value in the markets than he does studying the purchase of a medium priced automobile. Ben Graham, Jesse Livermore and McKay's book on bubbles are among those that have influenced him over the years. The Encyclopedia of Investing had 70 chapters each with one idea for how to invest. And two thirds were knit with ideas and one third of them were kind of interesting.

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