We are supposed value-investors and try emulate strategies from Graham, Buffet, Lynch to the new realm of global investors (including Mohnish Pabrai). We firmly believe that money can be made in any market (bull or bear) and that patience pays... read on.
Thursday, October 20, 2011
Why is it that people have no problem buying more apples and oranges when they are cheap (and less when they go up in price) but do the exact opposite when it comes to far more significant purchases such as houses and financial assets?
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