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RECOMMENDED.
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You’ll never look at fundamental analysis the same way again.
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Levitt served as Chairman of the S.E.C. longer than anybody. Unlike the folks who replaced him in recent years, he’s the real deal and worth listening to.
After reading his inside-perspective on the Street, you’d likely conclude that only a moron would blindly accept analyst or ratings agency recommendations, or the figures reported in financial statements, without some other means of confirmation.
Paris E. M. Murray