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Quotes of the day:
Most people hew the battlements of life from compromise, erecting their impregnable keeps from judicious submissions, fabricating their philosophical drawbridges from emotional retractions and scalding marauders in the boiling oil of sour grapes.
Top-down analysis looks at the big picture first for an investment idea or selection of stocks. After stocks have been identified as ideally placed to benefit from global trend, then the analyst will look into the actual details and balance sheets of this subset to make a final investment decision.
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