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Anti-Fragile Value Investing With Brian Stoffel

Lead-Lag Live

00:00

Do You Have a Survivor's Bias?

The odds of a company being around in 2046 are very different than 50 years ago. Ben Graham made 95% of his outperformance from one stock that according to his rules, you never should have bought. But he did. So it's also worth pointing out that as I get closer, like once it's 2036, I will start taking a very different approach.

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