Benjamin Graham

Articles Finance

No Love for Value: Markets at Extremes

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“We believe we understand the past, which implies that the future should also be knowable. But in fact we understand the past less than we believe we do”

Articles Finance

Beware The Psycho

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Back in 2002 Ben Bernanke recommended the deployment of “helicopter money” – meaning a broad-based tax cut financed by the central bank – as the best cure for deflation.