3. Would Dave be going to a different investment strategy if he decided to buy shares in...

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3. Would Dave be going to a different investment strategy if he decided to buy shares in Hydro-Electric? If the switch is made, how would you describe his new investment program? What do you think of this new approach, and is it likely to lead to more trading on Dave’s behalf? If so, can you reconcile that with the limited amount of time he has to devote to his portfolio?

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