Image Credit: Alex Nabaum
By Jason Zweig | June 14, 2019 11:00 a.m. ET
It’s late in the market cycle.
In the past week, at least six professional investors have told me that—and they are probably right. This bull market for U.S. stocks is by far the longest on record, and only a lunatic would think it can last indefinitely.
How late is it and what, if anything, should investors do to protect themselves?…
To read the rest of the column:
For further reading:
Fred Schwed Jr., Where Are the Customers’ Yachts?
Benjamin Graham, The Intelligent Investor
Jason Zweig, The Devil’s Financial Dictionary
Jason Zweig, Your Money and Your Brain
Jason Zweig, The Little Book of Safe Money
Articles and other resources:
Ulrike Malmendier and Stefan Nagel, “Depression Babies: Do Macroeconomic Experiences Affect Risk-Taking?”
Morgan Housel, “You Have to Live It to Believe It”