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For an economic recovery program to be effective, it must not only create a short-term economic boost but also generate lasting value. Home Star would accomplish that by breaking down the key barrier between homeowners and money-saving retrofits: upfront costs. ↗
I've learned there's a big difference between a long-focused value investor and a good short-seller. That difference is psychological and I think it falls into the realm of behavioral finance. ↗
The difference between stupid and intelligent people - and this is true whether or not they are well-educated - is that intelligent people can handle subtlety. ↗
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