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Strategies & Market Trends : Roger's 1997 Short Picks

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To: Roger A. Babb who wrote (7139)11/18/1997 8:56:00 AM
From: Allan F  Read Replies (3) of 9285
 
Roger or anyone else,

I started reading The Intelligent Investor by Graham this last weekend. (I must say his insight is quite amazing.)

A question has occurred to me, can the stock market on whole grow any faster than the growth of the US' GDP, over time? If it can how? Has it ever?

If it cannot, is the current market becoming a Ponzzi scheme? This last question is something that has bothered me for a long time, but until reading Graham, I could not enunciate it. Any comments would be appreciated.

-Allan
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