During those years, a market used to last about 9-10 months. In 1990 we had a bear market which took 3 months.
More Quotes from Yale Hirsch:
It's just the style of the last 15 years, ... Because of the long-term bull cycle, the bear markets are very short.Yale Hirsch
Had they left IBM where it was, the index easily would have been 1,500 points higher during that time. But how can you give them praise or blame They are just making up an average.
Yale Hirsch
With computers nowadays and the Internet, the average investor can be a financial genius. You now have databases . . . which put you on a par with the top money managers.
Yale Hirsch
That's the history of business in this country, ... Wal-Mart did something differently, and Home Depot certainly did something different, and Sears stayed the same. If you don't respond to changes, you can be left behind and find yourself in trouble.
Yale Hirsch
I would think Cisco might make a great candidate because the Internet is not going away.
Yale Hirsch
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