Originally Published on March 2, 2014 in Part 1 of the March 2014 Intelligent Investor
It is always important to remember that salesmen always have reasons why something they sell or promote will go up as a way to get their audience to buy it. But they rarely if ever discuss the reasons why it could fall in price. That is why it’s called sales. Do not allow yourself to be sold to. Successful investors don’t follow cheerleaders. They follow unbiased analysts who have established credibility and a consistently good track record.
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