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Home>Two Myths and a Legend

Two Myths and a Legend

Perspectives Content Submission

Mon, 18 Mar 2013

In late-2008, with the S&P 500 down 40%, I noted that stocks had become reasonably valued (see  Why Warren Buffett is Right, and Why Nobody Cares ). The coupling of improved valuations with an early improvement in market action – at least on post-war measures – was a fairly standard combination of

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