26 July 2017 - 26 August 2017 My impression is that “strategists” are very skilled at summarising and expressing current conventional wisdom, i.e., knowing what presently excites the herd. They don't influence mass expectations, and still less do they create them: instead, they reflect them. … On average since the mid-1920s, the S&P 500 has increased, on average, by x% per … [Read more...] about Leithner Letter No. 213-214
Chris Leithner