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I don't remember who first said it, but it's worth repeating, "the market can stay stupid longer than you can stay solvent"
by MartinCron 14y ago
I don't remember who first said it, but it's worth repeating, "the market can stay stupid longer than you can stay solvent"
- harshreality 14y agoJohn Maynard Keynes. s/stupid/irrational/
- MartinCron 14y agoThank you. I'm not sure if I'm proud or embarrassed to be an unintentional Keynesian.
- rapind 14y agoIf your life savings is invested in one undervalued company then sure, that's pretty risky. If you happen to have a portfolio spread amongst many undervalued companies, then I'd love to be in your shoes no matter what people quote at me.