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Dow 20,000 !!

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<image credit to money.cnn.com> This has become the headline news for major financial newspapers or webs, DOW Index finally broke through the psychological level of resistance of 20,000.  As for me, although it’s a milestone it just a “figure” without looking into the fundamental or valuation of the market.

"Lies, damned lies, statistics ! ” How this may influence your decision making in Investing ?

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How to Lie with statistics! As an investor, we have been bombarded by news and statistics every minutes and second, as we know well, some of this news been exaggerated and statistics or figures used also questionable.  We need to understand the figure behind these statistics and how is it derived to ensure that we have not been lied by statistics.  “ How to Lie with statistics “ is a fascinating and short book ( only 122 pages ).  Although this book is written in 1954, the contents & principles still very much relevant and just as valid in today’s context  (perhaps even more so, as it's so easy to acquire statistics due to our current technology). Darrell Huff gives people the tools to talk back to statistics.
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