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What is your thought in this famous excerpt from Benjamin Graham, “An investment operation is one which upon thorough analysis promises safety of principal and an adequate return. Operations not meeting these requirements are speculative.”

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An investment operation is one which, upon thorough analysis, promises safety of principal and an adequate return. Operations not meeting these requirements are speculative.” “Those who do not remember the past are condemned to repeat it.” “But investing isn't about beating others at their game.

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