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MONDAY MULTIPLE

Sometimes, investing is sheer, dumb luck

But what we do in a bear market will prepare us to be better investors
Monday, February 29, 2016 - 05:50

IN my conversations with investors this year, one theme has emerged: Sometimes people make the right decisions using the wrong reasons, but it all worked out well.

A senior equity analyst told me, for example, that he sold all his stocks before going for a holiday last July. "It was

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