We are in a growth-stock cycle comparable with the early sixties when Polaroid, Xerox, Syntex, Eastman Kodak, IBM, Walt Disney, even Avon Products and Sears, Roebuck sold at valuations far in excess of Apple, Facebook, Alphabet, even Amazon today.
We are in a growth-stock cycle comparable with the early sixties when Polaroid, Xerox, Syntex, Eastman Kodak, IBM, Walt Disney, even Avon Products and Sears, Roebuck sold at valuations far in excess of Apple, Facebook, Alphabet, even Amazon today.