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Tom Gardner and Morgan Housel on Inflation, Tesla, and Starbucks
Motley Fool Money
What Is the Anomaly of the Last Five Years?
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There is virtually nothing that has happened in the last 12 months that I would consider abnormal or unprecedented. The 30% pullback in the NASDAQ or 20% in the S&P, that's the kind of thing that will happen every five to 10 years as an investor. If you are an investor like Tom and I who want to be investing for the next 30, 40, 50 years, that's not a possibility.
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