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bar1080

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bar1080

Re: MiamiGent post# 795

Wednesday, 11/10/2021 10:52:59 PM

Wednesday, November 10, 2021 10:52:59 PM

Post# of 1568
They have wider swings, but worse performance long term. Similarly, unexciting low-beta stocks outperform. If you go to a horserace you may have more fun with longshots, but stodgy favorites will make you money.

That's something Buffett learned from selling horse race tip sheets as a teen.

https://maidenking.com/2009/02/11/from-2-win-bets-to-billions-it-all-started-for-warren-buffett-at-the-race-track/

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