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http://boards.fool.com/a-market-drop-of-90-should-take-at-least-five-30303159.aspx
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| Subject: Re: Still cheap at 4 year high | Date: 10/5/2012 7:12 PM | |
| Author: Technodweeb | Number: 194690 of 201969 | |
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A market drop of 90% should take at least five years I would imagine. I honestly do not accept that, but I do have my money invested. The only way possible for that to happen would be a catastrophe on our planet or massive deflation. Charlie Munger has stated that an investor should have the temperament to see holdings go down by 50% three times every hundred years. |
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