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Joel ­Tillinghast: Don't judge a stock by its price! That's one of Tillinghast's stock-picking secrets

Legendary fund manager Joel ­Tillinghast says the best strategy for equity investors to achieve long-term success is to avoid big mistakes and discover companies that have been overlooked by most and yet have a high likelihood of delivering solid long-term gains. Tillinghast says if an investor wants to achieve great long-term portfolio performance, she need not choose the most exciting stocks, nor does she need to be bold and daring in such a pursuit. “A small mistake is generally easier to...
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