Improving Investor Behavior: The bell-bottom billionaires

Improving Investor Behavior: The bell-bottom billionaires

Take a trip with me back to 1979. You’re standing in line at a gas station, waiting your turn to purchase fuel at three times its cost from a few short months ago. The oil embargo, coupled with runaway inflation, is eating away at your paycheck. That home you were thinking of purchasing? Out of reach now, thanks to double-digit interest rates imposed by Paul Volcker at the Federal Reserve. Nixon is gone, the gold standard abandoned, and Business…