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These stories, as a whole, exemplify why I'll always have the majority of my money in a low cost, no load, diversified fund. Good call: http://www.sanfranmag.com/story/best-investment-advice-youll-never-get http://www.sanfranmag.com/story/best-investment-advice-youll... http://www.fooledbyrandomness.com/fortune.pdf http://www.fooledbyrandomness.com/fortune.pdf