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#19 The Value Investor

Behind the Balance Sheet

CHAPTER

The Smart Money Method

There are so many parallels in the 1970s here. I don't believe it's radically different and I think we've got inflation is escaped. If Paul Walker was appointed tomorrow or is equivalent, he couldn't put interest rates up to 15 or 20% because the government couldn't afford it. It's just an impossibility. So we're gone. The smart money method would be one young investors that don't live in the financial statement should read. Have you got a book that you'd recommend?

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