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BrandyBraden BrandyBraden
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2 years ago
The rapid expansion phase of an industry is characterized by

▸ extreme sensitivity to interest rates and other economic factors.

▸ high returns and relatively low risks.

▸ willingness of investors to buy almost any stock associated with the industry.

▸ many decades of sustained above average growth.
Textbook 
Fundamentals of Investing

Fundamentals of Investing


Edition: 14th
Authors:
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sbbaltsbbalt
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2 years ago
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BrandyBraden Author
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2 years ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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Yesterday
Thank you, thank you, thank you!
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2 hours ago
You make an excellent tutor!
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