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Chinese companies have racked up $14.2 trillion in debt


Guest FFHfan
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Reminds me of a old Ben Graham quote...

 

The risk of paying too high a price for good quality stocks – while a real one – is not the chief hazard confronting the average buyer of securities. Observation over many years has taught us that the chief losses to investors come from the purchase of low quality securities at times of favourable business conditions.

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