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Do You Need To Know Something The Market Doesn’t?


saltybit
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Nicely worded and coherent.

 

I chuckled reading about position sizing. Makes it sound scientific and strategic. Maybe it is!

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I remember when the brokers were pushing "asset allocation" and charged clients high fees to buy and sell partial shares of their stock portfolios.  These were the folks who could really afford it.  BUT as one broker told me "I make money, the firm makes money, and two out of three ain't bad"

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