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Home Economics Indexing, which was a curiosity in the 1980s, has become a religion
  • Economics

Indexing, which was a curiosity in the 1980s, has become a religion

Mauldin Economics
-
Jan 30, 2018, 12:34 pm
0
Indexing, which was a curiosity in the 1980s, has become a religion
Alessia92 / Pixabay

There was a big bull market in the early 1970s led by a group of fifty large-cap stocks known as… drum roll… the “Nifty Fifty.”

[REITs]

Of course, I was not around to remember the Nifty Fifty—I was born in 1974, truly a child of the bear market. Stocks were down 45%.

RV Capital 1H22 Letter to Co-Investors in Business Owner