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#48: Jim Stack On Charting A Course Through Stock Market Rapids

Superinvestors and the Art of Worldly Wisdom

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How to Be a Better Investor

I don't think you have to go to an extreme 100% cash position. We've done that twice in Investak. The last second one was in the tech bubble of the late 90s. Today, having much, much better stock selection and sector waiting is very methodical. But I think anything you do in life has risk. If you pass on a double line, you're taking what would be called unacceptable risk.

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