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All is forgiven in the financial markets

Capitalmind Podcast

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Forgiveness and Patience in Financial Markets

The chapter explores the concepts of forgiveness and patience in the financial markets, drawing examples from mutual funds and fund managers. It discusses the dynamics of customer loyalty, investor behavior, market timing, stock selection, and the implications of forgiveness in financial decisions. The narrative emphasizes distinguishing between bad faith and bad luck in investment decisions and showcases the power dynamics between fund managers and customers.

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