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To: ProudFossil

Actually, “Buy low, sell high” is somewhat counter-intuitive. Most people chase highs, buy a stock when it is peaking. Nathanson explicitly originated that advice in his turn of the 20th Century classic, “The Rational Investor”.


8 posted on 12/06/2011 12:26:04 PM PST by Lonesome in Massachussets (Ceterum autem censeo, Obama delenda est.)
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To: Lonesome in Massachussets
Actually, “Buy low, sell high” is somewhat counter-intuitive. Most people chase highs, buy a stock when it is peaking. Nathanson explicitly originated that advice in his turn of the 20th Century classic, “The Rational Investor”.

I know the actual saying is buy high, sell low but I am an optimist (and generally have been able to avoid Nathanson's advice).

10 posted on 12/06/2011 12:37:53 PM PST by ProudFossil
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