False Economies and Investing

Most value investors I know tend to carry their hunt for bargains into day to day life. I am certainly no exception. I’ve been characterized as everything from “frugal” to “downright cheap”, and for the most part, I am proud of being economical. However, my “frugal” nature has from time to time caused less than desirable consequences both in general day to day life as well as in the field of investing.

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