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445 | Fundamental Truths of Investing | Brian Feroldi
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The Importance of Having an Investor Policy Statement
Investing in the stock market is hard. You're going to be wrong a lot, full stop and of story. Even people who think they know what they're doing are susceptible to this just as much as anybody else. The reason that index investing works so well is that you're guaranteed to get all of the mega winners in your portfolio too.
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