“Fortune favors the bold!” “Nothing ventured, nothing gained.” Really, there is no shortage of aphorisms and clichés meant to convey this simple truth: If you want to succeed, you must take risks. You must get...

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Contrary to what you may have heard, investing should not be sexy. Fast-paced, high-risk, get-rich-quick trading is not investing—it’s gambling. Good investors should be prudent, patient, and bored to death, and the investing instrument most...

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