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Replies to #87546 on Biotech Values
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biomaven0

12/15/09 3:57 PM

#87547 RE: wallstarb #87546

read too much into what the average retail investor and the average fund manager even understands



Who can disagree with that? And the logical consequence is that when the "average retail investor and the average fund manager" don't understand something, we should try to take advantage of that lack of understanding. (cf. Buffett's Mr. Market).

Peter