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Pass Over

  It ‘tis the season…no, not that one, the other one.  Therefore, let’s talk about a little history but do so from the financial side vs. the religious one. We’ve said over and over to you that markets go up and down. That motion is volatility.  It is NOT risk, as conventionally defined.  If a particular investment that an investor was holding goes to zero and all your money was in it, that’s a true definition of risk.  Of…

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