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Canny investors are characterized by their shrewdness, which refers to the ability to make astute and prudent decisions, especially in financial matters. This quality enables them to assess situations carefully, recognize opportunities, and mitigate risks effectively. Being shrewd involves a keen understanding of market dynamics and the foresight to navigate complex investment landscapes wisely. This strategic mindset is essential for achieving success in investing, as it allows canny investors to capitalize on trends and make informed choices that others might overlook.