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Buy-and-hold investing is trickier than it looks. The increasing pace of technological change means even the most successful, dominant companies have to continually adapt to keep up. Industries like...
This bull market brings me back to the dot-com bubble in 2000, when stocks flaunted such outrageously high price-to-earnings ratios that you could get a nosebleed just by buying a tech stock.
Managers at Matthews China wait for reasonable prices before they buy.
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