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Psychology Of Money Book Pdf
The formulas presented in the book were appealing to me, because they were literally step-by-step instructions on how to get rich. Just follow the instructions. It seemed so easy.
But something becomes clear when you try applying some of these formulas: few of them actually work. Graham advocated purchasing stocks trading for less than their networking assets—basically cash in the bank minus all debts.
This sounds great, but few stocks actually trade that cheaply anymore—other than, say, a penny stock accused of accounting fraud.
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