How a company management can create or destroy business value over time
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Passive management often buys what's gone up and sells all the way down. Active managers can add real value by doing rigorous company research and bucking the consensus view
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10% market corrections happen once a year on average. Don’t allow these inevitable pullbacks to sway you from your investment plan.
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The long period of low interest rate fueled a bubble, creating widespread market distortions and irrational valuations
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