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The average mutual fund holding period for equity or fixed income is only about three years. It’s too short.

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Kenneth Fisher

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Investors covet past improvements but also always believe pricing unimaginable future creativity and efficiency gains is Pollyannaish. And they’re always wrong. Bet on it.

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Windmills and solar cells are carbon-free sources of electricity. But they are costly. If you’ve been investing in those, give it up. That game is effectively over.

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May 4, 2024

Windmills and solar cells are carbon-free sources of electricity. But they are costly. If you’ve been investing in those, give it up. That game is effectively over.

Previous

May 4, 2024

Investors covet past improvements but also always believe pricing unimaginable future creativity and efficiency gains is Pollyannaish. And they’re always wrong. Bet on it.

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