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by kingmanaz 3106 days ago
In times of Weimar prosperity, more people should curl up with a copy of Ben Graham's '29-crash postmortem "Intelligent Investor", IMHO. I can't help but suspect that these barbershop customers will someday regret not having simply parked half of their savings in AAA-rated government bonds, the other in consumer defensive dividend champion stocks, and rebalanced once a year. More power to them if they strike it rich, though.