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Why It's Not Different This Time - Show 59-1
November 20, 2012
Is it really different this time? Every day brings news that is different than the previous day, and today's investors are concerned about the impact of the political divide and looming fiscal cliff on the markets. Mark explains why it's important for investors to look at the current climate through a different lens – the PRICE lens. Instead of focusing on the uncertainty, we can focus on the investment process, which is constant and able to achieve a fair price. Because uncertainty is already priced into the market, the system of setting a fair price still works.
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