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How Most Investors Turn a Winner’s Game Into a Loser’s Game

How Most Investors Turn a Winner’s Game Into a Loser’s Game

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Chapter Four How Most Investors Turn a Winner’s Game Into a Loser’s Game - “The Relentless Rules of Humble Arithmetic” BEFORE WE TURN TO the success of indexing as an invest- ment strategy, let’s explore in a bit more depth just why it is that investors as a group fail to earn the returns that our corporations generate through their dividends and earnings growth, ultimately reflected in the prices of their stocks.
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