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  • Six Things to Learn from the Financial Crisis  [View article]
    Lesson one: don't invest in something yu don't understand. Bank balance sheets fall into that category, along with CMOs;
    2. Don't fight the Fed;
    3. The trend is your friend to the end;
    4. "markets can stay irrational longer than you can stay solvent"
    Sep 02 15:48 pm |Rating: +3 0 |Link to Comment
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