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Strategies & Market Trends : Value Investing

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sjemmeri
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The_Commodore
To: petal who wrote (65016)10/2/2020 2:47:50 PM
From: Paul Senior3 Recommendations  Read Replies (1) of 78778
 
I do spend too little time reading annual reports and looking at income statements and balance sheets in depth. It's becoming all too clear, and all the time clearer, to me that there really is now way around that – that's how you achieve consistent exceptional returns over a long period of time (and probably the only way) : you get to know the company intimately.

I didn't want to let this get by without somebody commenting. So I will: I'm one who does not believe that that is The Way or a way to achieve consistent exceptional returns.
(Just my response to a general statement -- i.e. you and I (and/or others) have not agreed on definitions -- "consistent", "exceptional", "long period of time", etc.).
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