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Clujso (David)
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From the Nomad Partnership Letters: JUNE 30th, 2009 Simple, but Not Easy "When Zak and I trawled through the detritus of the stock market these last eighteen months (around a thousand annual reports read and three hundred companies interviewed) we had four main choices: add to existing holdings, invest in new firms, invest in growth businesses, invest in cigar butts." What strikes me: 1000 annual reports, let that sink in. The road to great investments is simple, but not easy.
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