A friend recently asked me what to expect from the equity markets in the future.
Return expectations in the next decade are much lower than in the past decade. That is because quite a bit of upside is already captured in the current prices.
@charliebilello
@DoorDarshiFund
What a company does when things go #wrong is more important than when things are going well. It shows its character.
Here is an example of how the company communicated its revised #guidance.
My #respect for the company went up after this.