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AI Picks and Shovels

Bloomberg Businessweek

Investing Lessons From My Grandmother Ruth Seib

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Ruth Seib was the first woman to trade shares on the floor of the Shanghai stock exchange from around 1939 to 1941. She passed on so many wonderful lessons to my father, and I'm really a third generation investor. My grandmother Ruth had us saying, when the tide goes out 10 feet, a large ship in a small boat both go out 10 feet. That was her way,. really, thinking about bear markets and how to deal with bear markets.

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