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No, I'm saying they have the same problem as public markets.
Graham's criteria or approach won't work in stock market anymore (if they ever did) precisely because of monetary premium and the liquidity flows getting things out of wack.
Via VC and private equity investing, that money spills over into the plumbing business etc as well.
Everything tainted.
This is true. But I find one has to constantly adapt - looking for the missed, local opportunity.
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