mememan
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- Oct 16, 2013
- 485
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Based somewhat on this:Has this worked for you? It sounds a little like putting a dollar on every single horse at the races
"In 1939, with Hitler's Germany ravaging Europe, John Templeton bought $100 of every stock trading below $1 on the New York and American stock exchanges. Templeton's trade got him a junk pile of some 104 companies, 34 of which were bankrupt, for a total investment of roughly $10,400. Four years later he sold these stocks for more than $40,000!"
Course, these are more speculative than stocks
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