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    The Price-Value Relationship: Do You Get What You Pay For?

    by Mark Hulbert

    If I told you that this column was about the relationship between price and value, chances are you’d think it is going to be yet another discussion about the power of various stock valuation ratios such as price-to-earnings and price-to-book.

    But it’s not. Instead, my column is about value and price among investment newsletters.

    Specifically: Is a higher-priced newsletter really worth the extra money?

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