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— Studs Terkel"I presumably lost $150,000 in the depression of 1937—on my one stock investment—because I did everything Lehman Brothers told me. I said, well, this is a fool’s procedure . . . buying stock in other people’s businesses."
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If stock market experts were so expert, they would be buying stock, not selling advice.
— Norman Ralph Augustine
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The worst thing you can do is invest in companies you know nothing about. Unfortunately, buying stocks on ignorance is still a popular American pastime.
— Peter Lynch
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