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Barry Ritholtz: Too Bullish Or Too Bearish

FYI: One of Barry's favorite pastimes is dissecting accepted Wall Street wisdom to see if it contains any value for investors or traders. Often, upon examination, the widely held beliefs turn out to be closer to magical thinking than financial acumen.
Regards,
Ted
http://www.ritholtz.com/blog/2014/09/too-bullish-or-too-bearish/print/
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