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The author argues against the pursuit of individual stocks, emphasizing the advantages of investing in diversified baskets from reputable indexes. By focusing on well-managed companies, investors can better navigate market fluctuations and harness the power of compounding over at least two decades to create substantial wealth. This approach promotes a disciplined investment strategy that prioritizes long-term gains over short-term speculation.
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The Successful Investor Today, Larry E. Swedroe
- Language
- Released
- 2000
- product-detail.submit-box.info.binding
- (Paperback)
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- Title
- The Successful Investor Today
- Subtitle
- 14 Simple Truths You Must Know When You Invest
- Language
- English
- Authors
- Larry E. Swedroe
- Publisher
- St. Martins Press-3PL
- Released
- 2000
- Format
- Paperback
- Pages
- 332
- ISBN13
- 9780312309800
- Category
- Business and Economics
- Description
- The author argues against the pursuit of individual stocks, emphasizing the advantages of investing in diversified baskets from reputable indexes. By focusing on well-managed companies, investors can better navigate market fluctuations and harness the power of compounding over at least two decades to create substantial wealth. This approach promotes a disciplined investment strategy that prioritizes long-term gains over short-term speculation.