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David David said: " This describes a fundamental component of investments and financial management - the basis of "hedging" a stock position. Even well considered stock positions may be wrong, but with the right backstop an investor may still make a profit.

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Napoléon Bonaparte
“Never interrupt your enemy when he is making a mistake.”
Napoleon Bonaparte

Ayn Rand
“When I disagree with a rational man, I let reality be our final arbiter; if I am right, he will learn; if I am wrong, I will; one of us will win, but both will profit.”
Ayn Rand

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