Joel-Oskar

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The company that can show an average annual increase of 12 per cent for a long period of years should be a source of considerable financial satisfaction to its owners. However, the difference between these results and those that could occur from a company showing a 20 per cent average annual gain would be well worth the additional trouble and capital gains taxes that might be involved.
Common Stocks and Uncommon Profits and Other Writings (Wiley Investment Classics)
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