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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Lucretius who wrote (38794)11/18/2000 11:20:15 AM
From: Thomas M.  Read Replies (2) of 436258
 
courtesy of the Barron's Mailbag:

1) In 1954, the Dow was 27% lower than it had been 25 years earlier.

2) In 1982, the Dow was 22% lower than it had been 16 years earlier.

3) The Dow doubled in the 53 years from 1929 to 1982, meaning that its average capital gain for more than a half-century was less than 2% a year.
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