How Micro Informs The Macro | David Steinberg on Scott Bessent, Pet Investing, Semiconductors, Music Publishing, and Peter Lake
Monetary Matters with Jack Farley
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The Changing Landscape of Stock Ownership and Long-Term Growth
This chapter examines the significant reduction in stock holding periods over the decades, contrasting 8.3 years in the 1960s with approximately seven months today. It includes a personal story about Kodak, which illustrates the impact of investment duration on generational wealth and raises critical questions about equity markets and business growth.
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