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Investing in new industries

Are disruptive industries a sound financial investment?

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<div><br></div><div>‘Certainly, there can be times where stock prices in new industries reflect an unrealistic enthusiasm for their future.  And there can be times when investors are too pessimistic about the prospects for declining industries’ </div>

‘For the patient, long-run investor who can weather such episodes, the past success of these strategies may provide food for thought’

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