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6min chapter
10-K Diver — Finance For Everyone (EP.101)
Infinite Loops
How to Get a 25 % Return on a Stock
There's no way to predict what the stock will do in advance. The most likely return that you will get over a long period of time is exactly zero. People like warren buffet and charlie munger are famous for making statements like, 'You shuldn't care about the volatility day to day' We don't really look at movements in the stogger; we are interested in holding stocks for the long term.
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