August 8, 2019
Forty years ago, August 13, 1979, BusinessWeek (the magazine) ran its infamous cover story, “The Death of Equities.” Of all the magazine covers that have been framed, and hung on the walls of Financial Advisors throughout the world, this must rank as the top one. The article has not aged well. In fact, history has made a laughing stock of the article and the magazine.
As a disinterested 19-year-old, I didn’t read the original run of the essay. I was, however, already investing in my 457 retirement account and today I’m thankful I didn’t read it. Read More