Bull Market Rhymes
The Memo by Howard Marks
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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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