The top 100 stock
market authors
selected for publication
market authors
selected for publication
»
Comments
» Single Comment
You are currently following John Lounsbury
Stop FollowingYou are no longer following John Lounsbury
-
1201
)
-
Many (informed and uninformed) are saying we have the worst crisis since the Great Depression. If we are entering a period anything like that time period, only three types of investors will do well from here:
Oct 10 10:54 am
|Rating:
0
0
All Comments by John Lounsbury »History Lesson and Bear Market Advice [View article]
1. Index investors with 25 years or longer investment time horizons.
2. Careful value investors who do rigorous research to find the solid companies that will do well and grow over periods of 5-10 years.
3. Traders. The 1930s had many primary market cycles (more than 1/3 of all the primary bull and bear market cycles of the past 107+ years).
If the economists (and pundits) are wrong about the seriousness of the current credit crisis, comparisons to the 1930's are not important.
How many investors think they know what the future scenario is? Not many, I believe, based on the record volatility in the market.