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Title: I strongly recommend Richard Bernstein&#65533;s &#65533;Navigate the Noise
Review: This readable book explains very important concepts (risk/reward, asset allocation etc.) very well. Serious long-term investors would be well advised to navigate the noise (I would suggest shutting off CNBC as a start), read Richard's book, and then create a diversified portfolio that is expected to help them fund their long-term liabilities (education, retirement etc.) while matching their true risk tolerance.
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