Thursday, October 22, 2009

The More Things Change.............

The media is a great source of entertainment. Let's simply call this piece, 'the more things change, the more they remain the same'.

"For better of worse then the U.S. economy probably has to regard the death of equities as a near permanent condition. The old attitude of buying stocks as a cornerstone for one's life savings and retirement has simply disappeared."

Business Week, "The Death of Equities, " August 13, 1979

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