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Scott Reardon: Quantitative Deep Value & Qualitative Fundamental Portfolios

The Security Analysis Podcast

CHAPTER

The Rise and Fall of the Middle Class in California

Back then, LA was actually cheap compared to New York. When we left, they were tearing down all these houses. There were probably 10 houses being torn down on our street. It's just gentrified in 10 years. Everyone I know who lives there is makes a lot of money. And that's the only way to do it. But you're either super rich or, you know, you're on the outskirts.

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