Stanley Rapp Quotes
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Best Quotes by Stanley Rapp
“In the 21st century, the database is the marketplace.”
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“There are only a few things investors can do to counteract risk: diversify adequately, hedge when appropriate, and invest with a margin of safety. It is a precisely because we do not and cannot know all the risks of an investment that we strive to invest at a discount. The bargain element helps to provide a cushion for when things go wrong.”