Old Investing Rules Giving Way to Blind Faith in Stocks.

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Old Investing Rules Giving Way to Blind Faith in Stocks.

EVERYBODY who invests in mutual funds for the 21st century has cause to wonder whether the rules learned in the 20th still apply.

Who cares anymore about the business cycle, price-earnings ratios, dividends, or diversification across a wide range of industries? Even the simple maxim "buy low, sell high" seems to have been...

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