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Knightsbridge Advisors

HIGH EXPOSURE TO LOW-BASIS STOCK: TOO MUCH OF A GOOD



By Alan R. Feld, Managing Director, Sanford C. Bernstein & Co., Inc.

The high-flying stock market has given rise to a felicitous quandary for many investors.

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High Exposure to Low Basis Stock_Too Much of a Good Thing.CPA Journal.Nov99.pdf