How I Made $2,000,000 in the Stock Market by Nicolas Darvas is my latest read. I just came across this line at the end of Chapter 3, and wanted to repeat it here:
"What, I asked myself, was the value of examining company reports, studying the industry outlook, the ratings, the price earnings ratios? The stock that saved me from disaster was one about which I knew nothing. I picked it for one reason only -- it seemed to be rising."
Enough With The High P/Es, They Don't Matter
3 minutes ago
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