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“recognize a lot of losses. Obviously, if you buy something…” — Motley Fool Money at 47:23

“recognize a lot of losses. Obviously, if you buy something for 10 and sell it at five, that's real. If you buy something for 10, it goes to five, then back to 15, then back to 10. One quarter, you lose money. One quarter, you make money. The next quarter, you lose money again. You're back where you started. So he…”

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