I don’t think there is any better teacher than history for investors today.
“There is no better teacher than history in determining the future… There are answers worth billions of dollars in a $30 history book.”
― Charles T. Munger, in Poor Charlie’s Almanack
‘Bull! A History of the Boom and Bust’ by Maggie Mahar covers the beginning of the bull market in 1982 through the tech bubble bust and beginning of the recovery through 2004… [continue reading…]