The Memo by Howard Marks cover image

Bull Market Rhymes

The Memo by Howard Marks

CHAPTER

Stocks Aren't Doing That Well Right?

There haven't been four years. in the current boon bust. The results i site are from 19 99 to two thousand two, when the last tech bubble inflated and collapsed. I include them only as a reminder that the current performance pattern is a recurrence. Robin hood went public in july 20 21 at 38 dollars, and over the next week, the stock price shot up to 85 dollars. An 88 % dropped from the high in less than a year.

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