No. of Recommendations: 6
Index investors in the bull market that began in October 2022 have enjoyed a return of
63% since then. What does this tell you about your ability to predict the stock market? Be honest. Two years ago, did you think we'd be 63% higher today?
Quote from Warren Buffett:
"I am certainly not going to predict what the stock market is going to do in the next year or two since I don't have the faintest idea."
And here's another fun fact. As David Marlin (@Marlin_Capital) says, "The last 2 years of market gains may seem massive, but they're actually right in line with the average S&P 500 gains in the first 2 years of a New Bull Market.
Hard to believe, but, since 1957, the 2-year returns of a new bull market have
averaged +58%. Chart and data at
https://x.com/Marlin_Capital/status/18459721062294... How have you all been doing? Have you been making the hay while the sun has been shining?