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Thanks Randy, interesting read. Solid confirmation bias, thought through in greater detail than I had employed myself. To your follow up post, just wanted to point out to less experienced investors that it's not common expectation to double a stock price in two years, even in Fooldom. Doubling in 5 years is an approximate 15% annualized return that beats the pants off the S&P 500 and certainly any mutual fund over the long term. Sure we all like when one doubles in a year or two, but that's certainly not a normal average expectation required to outperform mutual funds.

I'm assuming the comment was a brain fart;) If not, I'd be delighted to give you half my annual investment gains for all eternity in exchange for guidance to those kinds of results.

Thanks again,
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