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Investing Strategies / It's Earnings That Count


Subject:  Re: First Marblehead @ $32 Date:  4/4/2008  5:29 PM
Author:  TMFBuffjan Number:  1493 of 1817

Statistically, buying good business on the cheap works over time. But mistakes will occur, despite best intentions.

That is part of what makes a person's mental makeup so important. Knowing your statement and being able to stomach it are two different things for many (most?) investors.
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