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Great, quick read on this topic is Michael Mauboussin's "More Than You Know", Chapter 7, Time Is on My Side: Myopic Loss Aversion and Portfolio Turnover In the world of fund managers it is empirically demonstrated that high turnover funds perform worse in the long run. Traders however do...

thanks nazz...

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Selling for $55, shipping included (domestic U.S.) -- like new condition. Transaction via Paypal. Post here or PM if interested. Here is product info: http://www.iitm.com/products/books/rptmm.htm

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Anything happen if you soak it in water?

I have a Nexland Dual WAN Pro800 Turbo for sale. I don't use a backup connection at home any more so I have no need for it. It includes software and AC cord. It also has a hookup for a dial-up modem in case both WAN connections go down. I've never used that feature so I can't really speak to...

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I have an offer on this course for $360. If anyone cares to top it, please do so in the next 24 hours (by Monday night). Thanks.

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Oh yeah, "Best offer" for those who haven't used it before basically let's you make an offer (obviously). I hadn't seen this eBay feature before, but it's pretty sweet...

Just relisted this as a "Buy it Now" or Best Offer on eBay: http://cm.ebay.com/cm/ck/1065-29296-2357-0?uid=54420838&site=0&ver=LCA080805&item=280075052219&lk=URL

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As Michael Mauboussin points out, there is a distinction between asset management as a profession and asset management as a business. Sure you can run a small fund -- but as a business there is tremendous leverage obtained by hiring a few more analysts and adding more infrastructure to manage...