J. Paul Getty Quotes!

Stock Market - "For as long as I can remember, veteran businessmen and investors - I among them - have been warning about the dangers of irrational stock speculation and hammering away at the theme that stock certificates are deeds of ownership and not betting slips.

The professional investor has no choice but to sit by quietly while the mob has its day, until enthusiasm or panic of the speculators and non-professionals has been spent. He is not impatient, nor is he even in a very great hurry, for he is an investor, not a gambler or a speculator. There are no safeguards that can protect the emotional investor from himself."

If the S&P 500 were currently on its long-term regression, 

its value would be 2257.

62% Drop!

The Current Market vs. The Long-Term Trend

A chart of the inflation-adjusted S&P Composite Index, dating back to 1871, reveals a long-term pattern. Using a semi-log scale, a regression trendline shows the market's multi-year periods of trading above and below this trend. This trendline, incidentally, represents an average annual growth rate of 2.00%.

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