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Value After Hours S04 E34: Build-a-Bear Workshop; The Gini Coefficient; and Graham on Margin

The Acquirers Podcast

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The Definition of a Bear Market

The current definition of a bear is down 20% from the peak. The only times that you get to call a bear are March 2020, then 2009, and the third quarter of 2008. So when you get those events, the Ford returns are very, very good. If you just wait until these, like they only come around every 10 years or so, they're very, very rare.

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