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High Conviction
The Compound and Friends
The Dow Jones Industrial Average and the Doubt Theory
A lot of people poo poo doubt theory but we still use it as part of our process uh at Potomac. We're not just subjectively looking at the industrials and and and transports you know we're putting some quantitative cost line real quick for the listeners who are not technicians doubt transport. The original Dow Jones industrial average was all rail companies pretty much because that's what the technology was. Think of an environment where a lot of the manufacturing was taking place on the east coast but the country was expanding west so you had to get the stuff there.
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