Influential economist and strategist Ed Yardeni tackles why AI isn’t intelligent, economists have been so wrong and the bull market could continue.
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ED YARDENI
- President, Yardeni Research
- Author, Fed Watching for Fun & Profit, A Primer for Investors
ACTION POINT
STAY INVESTED IN STOCKS
“I can’t remember a period since March 11, 1942 – the date of my first stock purchase – that I have not had a majority of my net worth in equities, U.S.-based equities. And so far, so good. The Dow Jones Industrial Average fell below 100 on that fateful day in 1942 when I ‘pulled the trigger.’ I was down about $5 by the time school was out. Soon, things turned around and now that index hovers around 38,000. America has been a terrific country for investors. All they have needed to do is sit quietly, listening to no one.”
– Warren Buffet
From 2/24/2024 BERKSHIRE HATHAWAY, LETTER TO SHAREHOLDERS
BOOKSHELF
ONE INVESTMENT
YARDENI: OWN U.S. STOCKS
- Overweight U.S. stocks vs rest of the world
- Stocks still offer best long-term returns
- Broad U.S. exposure in the S&P 1500 Index
FROM THE ARCHIVE
Ed Yardeni from the WEALTHTRACK Archives:
WEB EXTRA
MOVIE TRIFECTA
Movie buff, Ed Yardeni has been reviewing films for clients since the 1990s and always included a review of the movie he and his wife saw over the weekend in his Monday briefings. When I asked him to pick a favorite, he chose a trilogy.
