Russell adds that he thinks knowing which stock to buy is not difficult. “I think that point’s overdone. If the market’s right, it’s really no problem picking stocks. You can buy a good mutual fund.
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Richard Russell's Dow Theory Letters offer more than financial advice
I thought about San Diego in Antarctica
A waitress at a local cafe greeted an unexpected shower — not a Carolina monsoon, mind you, just a drizzle — with the awe of a Hawaiian contemplating her first snow. She nearly dropped our tostadas.