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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club
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To: MrGreenJeans who wrote (9997)11/20/1999 6:10:00 PM
From: lifeisgood  Read Replies (1) of 15132
 
Amateurs have no need to hedge as they are confident they know everything relevant to their market projections. Professionals are equally confident they cannot possibly know everything about future markets and therefore they hedge.
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