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Saturday, 12/09/2017 11:31:17 PM

Saturday, December 09, 2017 11:31:17 PM

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Over the 70-year period, the Dow theory system outperformed a buy-and-hold strategy by about 2% per year. In addition, the portfolio carried significantly less risk. If compared as risk-adjusted returns, the margin of outperformance would be even greater.

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