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Monday, July 28, 2008

Random Thoughts

In college …I avoided science, math, and accounting-all the normal preparations for business. I was on the arts side… As I look back on it now, it’s obvious that studying history and philosophy was much better preparation for the stock market than, say, studying statistics. Investing in stocks is an art, not a science, and people who’ve been trained to rigidly quantify everything have a big disadvantage. All the math you need in the stock market…you get in fourth grade.

- Peter Lynch

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