Many investors persist in the investment world’s version of a search for the Holy Grail: the attempt to find a successful investment formula. It is human nature to seek simple solutions to problems, however complex. — Seth Klarman

According to one Grail account, continued war is waged in heaven between God and Satan. The Grail has been placed in the middle of the conflict by neutral angels. It exists in the midst of a spiritual path between pairs of opposites. Over time this territory of concern has become a wasteland...

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