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Investing Beyond the Headlines
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This narrative reflects on a young investor's experience during World War II, highlighting the importance of long-term investment strategies amidst market volatility. On March 12, 1942, the investor purchased shares of City Service Preferred, which later soared in value, illustrating the power of resilience and the rewards of enduring principles. The story emphasizes the significance of investing in productive entities over reactive decisions, advocating for a focus on long-term goals in the face of immediate challenges.
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