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2min chapter
Classic 12: The Intelligent Investor
We Study Billionaires - The Investor’s Podcast Network
Investing Versus Speculating
You can't necessarily say, the revenues or the net income is all over the place. So it's not something that you can actually preject or predict where the bad event is going to occur. That's where you get into more of an in in approach, opposed to a speculative approach. Youv got to be able to protect your principle, and you've got to go after things that are giving you reasonable returns.
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