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Regardless of theories, other things are far more important: entry, exit, position-sizing.
I don't know and that is probably true. OTOH genuine theories(i.e. Not Keynesian or MMT) point out true value. I.E. Buffet seems to have done quite well with this concept.
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Hillary Clinton: "Don't Let Anyone Tell You It's Corporations and Businesses that Create Jobs"; Ten Spectacular Failures
http://globaleconomicanalysis.blogspot.com/2014/10/hillary-clinton-dont-let-anyone-tell.html
Mish