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Newspaper
Pecos Enterprise
Location
Pecos, Texas, United States of America
Date
Sep 28, 1972
Page
9
The piece argues buy-and-hold can match short-term trading for individuals and institutions, but a strong vested interest in active trading sustains buy-sell. It notes market history around election years, brokerage incentives, mutual funds pushing quick gains, and the psychology of time pressure driving traders.
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