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The Falling U.S. Dollar: Taking An About-Face
Investing requires tough decisions. What to buy? When to buy? How much?
But none more difficult than this: Admitting the fundamentals no longer support an investment you own. Or, as the French philosopher Geoffrey F. Abert summed it up over 900 years ago, “It often takes more courage to change one’s opinion than to stick to it.”
And today I’m living proof.
Just three weeks ago, to the day, I declared, “The dollar’s not done.” I laid out my case about Jim Roger’s being wrong.
But I’m officially changing my stance on the falling U.S. dollar.
To be clear, it’s not because I finally saw…
18Dec2008 | Investment U | 0 comments | Continued
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