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‘I’m convinced that if impatient investors really take a good look at themselves, they will see where they went wrong’If you can’t handle the irregular return on value stocks, don’t have enough patience, are afraid of difficult questions from clients, your manager or your investment committee, be realistic and stop recruiting value managers. Start investing in an index fund, cut costs (fire people), reduce your career risk (if you still have your job, that is!) and deliver a better return for your clients.
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