Summary of Mark Mahaney's Nothing But Net
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Excerpt From Summary of Mark Mahaney's Nothing But Net
#1
The stock market constantly changes its mind about companies, and their stocks, and investors lose money when they get the multiple of a company’s earnings wrong.
#2
The market can be unpredictable, and can punish you for assuming that things will go your way. It can even punish you for picking the right stocks.
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