Quality Investing: Owning the Best Companies for the Long Term

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Quality Investing: Owning the Best Companies for the Long TermQuality. We all make judgments about it every day. Yet articulating a clear definition of quality in an investing context is challenging. This book addresses the challenge, and distills years of practical investing experience into a definitive account of this under explored investment philosophy. Finance theory has it that abnormal outcomes do not persist, that exceptional performance will soon enough become average performance. Quality investing

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