- Martin Fridson, CFA
Dow 36,000 - author Glassman was right, after all!
Authors Glassman and Hassett were right after all! It only took 22 years from the publication date of their book for the Dow Jones Industrial Average to hit 36,000 .
In this semi-serious report we highlight how US equity markets rise over time, if the horizon is long enough. It is time in the market as opposed to timing the market.
The main challenge is for investors to stay invested!