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Warren Buffett has said it would be fine with him if the stock market were only open one day a year. On that day you could buy or sell stocks, but the rest of the year you would study businesses, looking for those firms that can deliver consistent results over the long haul. Since each buy order would commit you to owning part of a business for at least a year, investors would have a powerful incentive to choose carefully and Foolishly.

 

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