Wednesday, February 5, 2014

Templeton on bull markets


John Templeton, "bull markets are born on pessimism, grow on skepticism, mature on optimism and die on euphoria". 

By this measure, we can go further with this market. Sometimes you have to take these adages with a grain of salt but I still like the thought process here. The question is always what makes this the same or different from past bull markets.

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