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Jason Zweig writes the Intelligent Investor column for The Wall Street Journal. I’m sorry to say this week’s column is especially unintelligent.
When asked whether Graham would be buying financial stocks today, Zweig says no, and gives the following reason:
You cannot even pretend to be protected against loss while real estate prices - - the wobbly foundation for most financial stocks - - are still crumbling….
Original Source:
27 July, 2008| Fundamental Analysis |
@ 9:05
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