History's lessons

Laszlo Birinyi Jr.

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History's lessons

机译：历史课

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The stock market has started the year poorly. January through February saw days of 100-point gains and 200-point declines; earnings were inconclusive; technology was alternately strong and weak. Denver won the Super Bowl—and, oh, I am describing 1998, not 1999. I do so to remind you that this year's early volatility and concerns are similar to last year's, and do not foretell doom. I am increasingly impressed with the value of history in the stock market and the general failure among investors to recognize it. Perhaps we face so much information that the events of a year ago seem ancient and uninstructive. But 1999 is similar to last year. I am not much concerned.

机译：股市开局不好。从一月到二月，有100点上涨和200点下跌的日子。收入没有定论；技术既有优势也有劣势。丹佛赢得了超级碗，而且，哦，我描述的是1998年，而不是1999年。我想提醒您，今年的早期动荡和担忧与去年类似，并且不会预示厄运。我对股票市场的历史价值以及投资者普遍不认可它的印象越来越深刻。也许我们面临着太多的信息，以至于一年前的事件看起来古老而无益。但是1999年与去年相似。我不太担心。

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《Forbes》 |1999年第6期|p.140|共1页
作者
Laszlo Birinyi Jr.;
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收录信息美国《科学引文索引》(SCI);
原文格式 PDF
正文语种 eng
中图分类世界经济问题;
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History's lessons

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