Stock Winners For The Long Haul: The Tortoise Beats The Hare
- Wednesday, September 5, 2012, 2:01
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Net operating earnings is among the most basic definitions of performance for a publicly-traded company, but it turns out that just betting on businesses that grow that metric the fastest is not the safest or most lucrative way to approach the market. It turns out the moral from the fable of the tortoise and the hare holds true in investing, slow and steady wins the race.
http://www.forbes.com/sites/steveschaefer/2012/09/04/stock-winners-for-the-long-haul-the-tortoise-beats-the-hare/
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