"For managers such big scores don’t have any meaning, whether you win 5-0 or you lose 5-0. You’re elated but ‘footballistically’ it does not show the real difference between teams."
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"Here’s why I would recommend against ....Retail brokers normally require investors to hold any short-sale proceeds in U.S. dollars, usually earning no interest. The dollar, seen through my famously ja…"
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