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"The goal [is] not only to earn high returns at the top of the cycle but also to avoid giving them back at the bottom."

— Duff McDonald
duff mcdonald Quotes Return,Cycles,Banking

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Duff McDonald
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I don't think you can consistently be a winning trader if you're banking on being right more than 50 percent of the time. You have to figure out how to make money being right only 20 to 30 percent of the time.

— Bill Lipschutz

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It is not competition, but monopoly, that deprives labor of its product. Destroy the banking monopoly, establish freedom in finance, and down will go interest on money through the beneficent influence of competition. Capital will be set free, business will flourish, new enterprises will start, labor will be in demand, and gradually the wages of labor will rise to a level with its product.

— Benjamin Tucker

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