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Talk Your Book: Compounding with Concentrated Portfolios

Animal Spirits Podcast

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The Intelligent Investor

Ben Graham was trying to buy for example In a time when screening and computers weren't weren't used. He was trying to essentially Pay less for the market cap of a company than its network in capital imagine so Easy no funds. The problem is today that obviously you can screen and opportunities like that are probably few and far between. It's highly unlikely that a new investor today Would start out educating themselves with a book like the intelligent investor or securities analysis If I know you like I think I do, Morgan.

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