Exuberant Irrationality
A view of life, stocks, companies, the markets, and investing "through a glass, darkly."
Friday, November 1, 2013
Long Cycles, Business Cycles, Market Cycles...Cycles, Cycles, Cycles
We are 54 months into the upcycle (in the market) with a 160% return off the bottom.
Here is an interesting set of reference points:
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