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The September issue of Worth magazine features an article by Adam Hanft titled "Sorry, Mr. Buffett." According to the editor of the magazine, the author dismantles Buffett's investing philosophy and the "buy and hold" investing style in general. The article is by a futurist who writes in a frenetic and hyperbolic style (buy and hold is dead, technological change is so rapid as to make all business plans obsolete almost instantly). His argument is pretty poor, but unfortunately Worth magazine is fairly influential. Someone on this board might want to read the article and respond with a letter to the editor.
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