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Bad News is Good News

The Compound and Friends

CHAPTER

Is Fundamental Analysis a Bullshit?

Bob Greene: Markets go up three out of four years, that's a philosophy. But isn't it important to believe in something when you're putting money at risk? The very first stock, the Dutch East India Company in 1602, they created the Amsterdam Stock Exchange. They said, "When you buy our stock, you are buying a stream of profits coming from the spices," he says.

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