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Letter "P" » Peter Bernstein Quotes
«Their prices between the time that you buy them and (the time when) they mature or you sell them can jump around a lot. And they have this one terrible risk -- they're very bad assets in inflation.»
«Some people are addicted to seeing catastrophe in the future.»
«I never thought I'd recommend a position in gold.»
«Those babies all do well, but they spend an extra couple of days or a week in the hospital.»

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