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You're right. Quine proved in "On the self-intersections of the image of the unit circle under a polynomial mapping" that if the degree is $n$ and $f(z)\neq g(z^k)$ with $k>1$, then the number of points with at least 2 distinct preimage points is at most $(n-1)^2$. An example shows that this is sharp. Here's the review in MR.