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Things That Never Change With Morgan Housel
The Compound and Friends
Are There Any Reasons to Buy Stocks According to Recent Events?
In this entertaining and engaging post, the author reflects on the concept of gradual improvements and the misleading nature of headlines. They discuss the difficulty of finding significant events over the past decade that would justify investing in the stock market. The author humorously highlights examples from their own chart of reasons to buy, which include failures and moments of skepticism by industry figures. They emphasize that throughout their 20 years of investing, there has never been a moment without negative factors to consider, showing the constant challenges of the market.
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