Worst Crash Implies Best Recovery

May 19, 2009

Here’s a link to an interesting article that takes a historic view of major bear market and subsequent recoveries.  Make sure to take a look at the money market funds as a percentage of S&P 500 chart.  Note that the rally of the last two months only used up about one sixth of cash sitting on the sidelines.

Entry Filed under: Market Conditions. .

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Leon Shirman is the Managing Partner of Etalon Investments, a fund he founded in 2002. Leon's long-term investment philosophy is summarized in his book, “42 Rules for Sensible Investing”, also available from Amazon.

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