Context170913
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qkg:contextText | The investor has a right to expect good results to flow from a consistent and courageous application of the principle of buying after the market has declined substantially and selling after it has had a spectacular rise. But he cannot expect to reduce this principle to a simple and foolproof formula, with profits guaranteed and no anxious periods. (Chapter II, The Investor and Stock-Market Fluctuations, p. 33) (it) |
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