SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : MDA - Market Direction Analysis
SPY 675.02+0.9%Nov 25 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: jmootx who wrote (63302)11/28/2000 9:17:12 PM
From: Casaubon  Read Replies (1) of 99985
 
No! NO! NO! This would happen regardless of the Fed. Up 400% and then down 75% is still up 100%. Sorry if the LTBH people forgot about that part of the time averaging function. History shows average returns between 10% and 12% when using long term averages. Anyone who thought they would somehow defy such time honored numbers was being unrealistic. The Fed has nothing to do with this immutable fact. The Fed influences borrowing not wealth. I'm sorry if people don't understand debt and risk. Ballooning balance sheets with debt is not the same thing as creating wealth. The debt will either be good debt or bad debt but it is not wealth.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext