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On bulls*** in investing

The epic crash in stocks and crypto has been the big financial story of 2022. When the Fed raised rates, it exposed a lot of bad investments — as Warren Buffett once said, “Only when the tide goes out do you discover who’s been swimming naked.” But it would be nice if investors could recognize the too-good-to-be-true stuff before the big crash, so as not to over-expose themselves in the first place.

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About the Author: John Froebel

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