The difficulty of producing a superior investment performance. The four things that the speaker believes his company is doing that stand out in the field, with a discussion of each element. The four things are: the search for bargains; the need to search world-wide resulting in less risk; flexibility; buying what other people are not. The uncertainty of investing. The uncertainty of socialism. Deflation and inflation. Common stock prices in the future. Reasons for future predictions, with examples. Pension funds. Bonds. Gold. Best rates of investment in the last ten years. Some last philosophical thoughts.
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