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19:40
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Originally posted by Klogg
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By 'understand it', I mean understanding the way the company operates, not understanding the movement of the share price. To demand of myself that I understand the accounting rules, valuation techniques and ultimately, the financial statements of a company before buying, is not a high standard to meet.
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big mistake in your reasoning and i see this sort of misnomer, time and time again with the amateur brigade-but i should clarify, not you.
(20min delay)