August 2022

Frank Boland
August 22, 2022

Since 1956 there have been 10 bear market cycles when the market declined 20% or more. The first one led to the ensuing 1957 bull market that would give birth to the modern investment business. It also pioneered a new sector, then called electronics, now known as technology. In 1958, Jerry Tsai was chosen to manage the new Fidelity Capital Fund...

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As I grow older, I pay less attention to what men say. I just watch what they do.

– Andrew Carnegie