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Don Philip Faithful's Blog – February 2015 Archive (1)

Social Construction of Technical Trading Data

I heard an accountant once say that people in his profession are generally bad investors. I am uncertain if this is true. I never really bothered to confirm his assertion. He said that his reasons for believing so relate to the nature in which accountants interpret data, which he implied was rather literal. I personally almost always ignore "book value" - that is to say, the cost of acquisition. For me, the book value is similar to a figure of speech: the investment value never has to be…

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Added by Don Philip Faithful on February 16, 2015 at 6:57am — No Comments

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