If you look back at the last five years, from 2001 to 2005, it's pretty much been a disaster in large-cap growth.
More Quotes from Joe Milano:
Add in the fact that these five negative events started when large-cap growth was at historical highs put that together with the valuations, and you can start to explain why it's done so poorly. Multiples have compressed, growth is hard to come by, and people have been averse to risk. When will large cap growth start to work I think the answer is when we stop having a major negative event every year.Joe Milano
Readers Who Like This Quotation Also Like:
Oklahomans value our children and our seniors. Oklahomans value traditions of faith. Oklahomans value our heroes, our veterans. Oklahomans value innovation and the creative arts.Brad Henry
I therefore beg that you would indulge me with the liberty of declining the arduous trust.
Christopher Gadsden
Thought is a key to all treasures; the miser's gains are ours without his cares. Thus I have soared above this world, where my enjoyment have been intellectual joys.
Honore de Balzac