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The lessons of market history are clear. Styles and fashions in investors' evaluations of securities can and often do play a critical role in the pricing of securities. The stock market at times conforms well to the castle-in-the-air theory. For this reason, the game of investing can be extremely dangerous.
—
A Random Walk Down Wall Street
(book)
by Burton G. Malkiel
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| Language: | English |
| Submitted by: | valikor |
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