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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Lucretius who started this subject3/22/2001 11:41:13 PM
From: RocketMan  Read Replies (1) of 436258
 
John Bogle to investors: Chill

I think we're pretty close to a reasonable value, a fair value of the market. The market is a pendulum that swings back and forth. It got way above fair value and has come back to something like fair value. I wouldn't do anything.
...

They also should be mentally, psychologically prepared for a 35 to 40 percent market drop. I've used those numbers in the past and people would kind of ignore them. This one is not so surprising to me.
...

WTF, John, which is it?

cbs.marketwatch.com
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