The Wall Street Journal, despite its right wing credentials has the fairest and best review of the Democratic debate that I have read to date (here).
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- “Keep telling yourself every night that you’re a long-term investor and don’t look at daily stock prices. And it’s not too late to shift some of your money to high-quality blue chips. Emerging markets are probably no longer too expensive either. If you had 80% of your stockholdings in blue chips and 20% in emerging markets, you’d have a pretty reasonable portfolio to ride out the bad times.”
-- Jeremy Grantham, 2009
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