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Excerpts

Philippines: Cautionary Tale

Source: Emerging Markets Crisis Investing

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Excerpts

Run your winners

Source: Dividend Growth Investor

Source: Nick Train
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Not even Buffett is buying cheap stocks

Source : Josh Brown, The Reformed Broker
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On Valuation Indifferent Investors

Hat Tip : VM

Source : Greenlight Letter to Investors
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Excerpts

50 Years, One Idea