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On Stocks and the Costanza Paradox
George Costanza: “My life is the opposite of everything I want it to be. *Unemployment remains at around 10%, inital jobless claims are still climbing – so buy some specialty or even luxury retailers! Healthcare stocks are rallying on the news of their newly subjugated status! If everyone in the market is a contrarian, is the true contrarian the non-contrarian? If Georgie was running a hedge fund right now and abiding by his counterintuitive life strategy, he’d be absolutely killing it.
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