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validity
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validity

In logic, a property of inferences or arguments which are valid if the conclusion follows necessarily (by deduction) from the premises, as in a syllogism. The premises may be false, but if they are true the conclusion must be true.



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Included in this study would be the consistency of words to referents as well as the logical validity of statements.
You should recognize the logical validity of technical analysis, but create a mental model of investing in which technical analysis has no utility whatsoever.
 
 
 
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