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This and That: Hunters becoming the hunted edition

Derek DeCloet notes the plight of erstwhile acquirers of Canadian public companies — Xstrata, Rio Tinto etc. — and says Canadians will be glad to buy them back for a fraction of the acquired price . With stock markets relentlessly falling (again), some investors seem to be making rash bets. Jason Zweig cautions against making the investment equivalent of a “Hail Mary” pass . Mark Hulbert reports on a new study that shows that after accurately accounting for transaction costs, taxes, manag

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