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As someone trying hard to get literate on all the aspects of investing and research, I'm bumping up against 2 terms which I'm finding confusing. I think I basically understand what a "beta" is. However, I'm not comfortable knowing a good beta from a bad beta and how I might use this in investing decisions.Second, I tend to watch CNBC in the morning while prepping for work. I hear them compare the S&P Futures to "Fair Value" but they never describe what it means. Can someone help me understand how they calculate fair value?Thanks much, cds
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