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Jeep invests and sometimes provides advice to others who invest as well. After over 35 years of investing Jeep has become convinced of two things: no one is always smarter than the market and diversification tends to pay off over the long run.
Jeep is particularly interested in financial and energy companies--not because they are more profitable than other firms (they aren't) but because they are somewhat more understandable. Jeep thinks it would be great to understand technology because that is where the real money is made these days, but avoids technology stocks because those take real expertise and understanding.
Jeep gets annoyed by conspiracy theories, talk about the "big boys" moving
the market and other typical Internet chatter because it is seldom warranted and tends to avoid the real questions. Jeep does think that there is a conspiracy to reduce the size of newspaper type and the like, though, since year after year it gets smaller and fuzzier.
Stocks - long
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At under $15,
seems to be a screaming buy.
Sep 29, 2011
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