Chapter 04 - ICA: 87 Years of Investing

Author(s): Paiano, Frank
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In the final presentation of chapter 4 on mutual funds, we looked at a sample mutual fund. We chose this particular mutual fund because of its longevity. Here we see that through 86 years -- Great Depression, World War II, Korean War, Vietnam War, Oil Crises, Internet Bubble, Terrorist Attacks, Housing Bubble, Great Recession -- the news for long-term investors has been pretty darn good. Disclaimer: This is not a guarantee of the future! (Our lawyers told us to say that.)


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