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Automated Investing: Why it works

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The Power of Companies Die Indexes

The beauty of the index is that you get the performance of these new and great companies coming through. And they drive the index forward, while the companies that are falling and failing and ultimately going bankrupt fall out of the index. The classic example of that is looking at IBM, General Electric, and Apple. They're all giants of their time. But IBM and General Electric have fallen away and been left behind.

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