Paying Too Much For High-Quality Stocks: The Chief Hazard To Investors
Paying Too Much For High-Quality Stocks: The Chief Hazard To Investors by Richard Rooney, Burgundy Blog
“The risk of paying too high a price for good-quality stocks – while a real one – is not the chief hazard confronting the average buyer of securities. Observation over many years has taught us that the chief losses to investors come from the purchase of low-quality securities . . .
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