d********e
发帖数: 30 | 1 many people on this board believes that stock market always goes up in the
long run. This is actually based on the experience of US and UK. In fact,
in a research published by UBS, which looked at stock market returns of 100
countries, only 4 countries have exhibit the stock-market-goes-up behavior,
adjusted by inflation. Most stock market in the world are in a drawdown
mode (obviously someone still made money depending on their entry and exit).
So if your investment thesis is based on the | h*******y
发帖数: 864 | 2 This is very true. Economist has an article some time ago about it, think
back to the start of the 20th century when investors might have picked
Russia, China and Germany as the rising stars of the next 100 years.
Within the next half-century, investors in the first two saw their holdings
wiped out by revolution while world wars and hyperinflation ruined the
portfolios of those who backed Kaiser Wilhelm II's empire. Japanese,
French, German and Spanish investors all suffered instances where they
【在 d********e 的大作中提到】
: many people on this board believes that stock market always goes up in the
: long run. This is actually based on the experience of US and UK. In fact,
: in a research published by UBS, which looked at stock market returns of 100
: countries, only 4 countries have exhibit the stock-market-goes-up behavior,
: adjusted by inflation. Most stock market in the world are in a drawdown
: mode (obviously someone still made money depending on their entry and exit).
:
: So if your investment thesis is based on the
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