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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host

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To: Kirk © who wrote (2648)1/7/1998 6:34:00 PM
From: sea_biscuit  Read Replies (1) of 42834
 
Some people just don't get it.

In an interview in 1972, Ben Graham said that while the 1961-1962 stock market decline washed out one generation of investors, the 1969-1970 decline took care of the next generation.

And of course, if some of them were still in the game, the 1973-74 bear took care of those guys! So unless something like that happens, the present generation of investors won't get it either.

Dipy.
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