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Classic 14: One Up on Wall Street
We Study Billionaires - The Investor’s Podcast Network
Isn't P 500 a More Efficient Index?
Investing is both an art and a science. A person infatuated with measurement, who has his head stuck in the sands of the balance sheet, is not like to succeed. If you could tell the future from a balance sheet, then the mathematicians and accountants would be the richest people in the world by now. The best place to look is close to home. You have so much bias every time you're at your own home that it's very difficult for you to do so. And i think this really underlines the difference between expertise and familiarity. He talks about being originally tipped off through a qualitative means, and then he backed it up with quantitative research. We're g
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