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Seth Klarman: Forgotten Lessons of 2008

http://www.valuestockplus.net –

From Value Investing Insight
In this excerpt from his annual letter, investing great Seth Klarman describes 20 lessons from the financial crisis which, he says, “were either never learned or else were immediately forgotten by most market participants.”
One might have expected that the near-death experience of most investors in 2008 would [...]

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