How a $12 Billion Fund Manager Says You Can Survive a Potential 'Lost Decade' in Stocks

How a $12 billion fund manager says you can survive a potential 'lost decade' in stocks

JON LEVY/AFP via Getty ImagesSome on Wall Street have warned of a "lost decade" ahead for stocks.Yacktman Asset Management thrived during the decade of tepid returns from 2000 to 2010.The firm's president said it focuses on which companies' free cash flows hold up in recessions.From the peak of the dot-com bubble in March 2000 through March 2010, the S&P 500 was down 24% — a crippling stretch of returns that money managers cite as a prime exampl…

The Lost Decade Playbook: How One Fund Manager Turned Market Chaos Into a 102% Win

Remember when everyone said the 2000s were a total wash for stock investors? Yeah, that “lost decade” thing—where the S&P 500 basically went nowhere for ten years. Well, some folks on Wall Street are getting nervous that we might be about to do it all over again. The usual suspects are sounding the alarm: Goldman Sachs, Bank of America, Morgan Stanley—basically the financial equivalent of your paranoid uncle at Thanksgiving. Their main argument?…