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In my forty-four years on Wall Street, I have learned a few lessons. One of the most important ones is that the avoidance of "Risk," of places that are dangerous to go, allows you to greatly increase the safety, and return, of your portfolios. "Staying out of trouble" is a key component to any successful investment strategy, in my opinion.
You may have noted that I concentrate upon this aspect of investing in my commentary. I do business with some of the major money managers in the world and the conference calls that I have