A Quote by P. J. O'Rourke

There is no 20-year period in American history when stocks lost money.

P. J. O'Rourke

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History American American History Lost Lost Money Money Period Stocks Year

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P. J. O'Rourke
American - Comedian
Born: November 14, 1947

You have never lost money in stocks over any 20-year period, but you have wiped out half your portfolio in bonds (after inflation). So which is the riskier asset?

Jeremy Siegel

In my opinion, the greatest misconception about the market is the idea that if you buy and hold stocks for long periods of time, you'll always make money. Let me give you some specific examples. Anyone who bought the stock market at any time between the 1896 low and the 1932 low would have lost money. In other words, there's a 36 year period in which a buy-and-hold strategy would have lost money. As a more modern example, anyone who bought the market at any time between the 1962 low and the 1974 low would have lost money.

Victor Sperandeo

Historically, we have always seen reversion to the mean. After stocks have had an unusually great 10 or 20 years, they typically turn in subpar results over the next 10 or 20, and after bad 10- to 20-year stretches, the next 10 to 20 tend to be above average.

James O'Shaughnessy

You know why stardom screws up people ? Because it gives you too many choices. As a 20-year-old I was making as much money as, well, as much money as it was possible for a 20-year-old to make in India. That sort of thing could drive people nuts. But I put my in money in the bank.

Zeenat Aman

When people ask me how I was able to make so much money in the market during a 20-year period, I would always say I did it off the misunderstandings of others.

Jim Cramer

Stocks are at an all-time high today. I don't have any money in the stock market. I don't have the stomach for the ups and downs. So about 20 years ago I put all of my money and liquid assets into videotape rewind machines.

David Letterman

George Clooney's 'Ides of March' could be the most under-appreciated movie of the year. In 20 years they're gonna go back and say, 'Oh, that was American politics in that time period.' I follow politics, I love it, and that movie is so authentic.

Harvey Weinstein

Over the course of my 20-year history as an executive in the music business and as the owner of a firm that specializes in in-culture advertising, I have come to the conclusion that the Grammy Awards have clearly lost touch with contemporary popular culture.

Steve Stoute

I'm big into stocks. I've invested in a lot of stocks. One day I was talking to my accountant, and he was like, "Yo, what if I could turn a million dollars into $20 million?"

Fetty Wap

The 1950s and 1960s had been a period of enormous growth, the highest in American history, maybe in economic history.

Noam Chomsky

The year when I left my country, there was still peace. The year after, the war broke out, a lot of people lost their homes, lost their families. When I go back 20 years later I still find people living in refugee camps. So I tried to help them find homes.

Vlade Divac

Still, records are documents of a period of time. Most records are documents of two or three years, and I just approached it as a record I was doing over a 20-year period of time.

T Bone Burnett

This is a landmark work in the history of African American studies and American intellectual history. Writing with verve, Jackson brings to life a large cast of characters and traces an ongoing conversation among the writers and critics of this period. This book is likely to become a model for a new generation of scholars, both for the breadth of its engagement and the depth of its archival research.

Werner Sollors

And my advice for college graduates is don't reflexively give money to your alma mater, something particular to Americans that I find extraordinary. Take Princeton, for example - it has more money on a per capita basis than any educational institution in the history of educational institutions. There is no scenario where it can spend all the money its endowment generates every year. If there is anyone who gives a single dollar to Princeton, they have completely lost their mind. I will say that without reservation.

Malcolm Gladwell

When economists talk about income, they talk about the money a household or a person earns in a given year. That's the salary you earned, the rent from a tenant above your garage and the bit of money you made by selling some stocks.

Annie Lowrey

The history of jazz lets us know that this period in our history is not the only period we've come through together. If we truly understood the history of our national arts, we'd know that we have mutual aspirations, a shared history, in good times and bad.

Wynton Marsalis

A Quote by P. J. O'Rourke

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