John Mihaljevic quotes:
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Famed value investor Guy Spier has managed to write what is both a gripping memoir and a fascinating study of what it takes to succeed in investing and life. A must read!
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It seems unwise to allocate a large portion of investable capital to any one deep value opportunity, even if the latter promises a large expected return.
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When we invest in an asset-rich but low-returning business, time may be working against us.
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