US bull & bear market history since '26: avg bull lasts 8.9 yrs, avg S&P gain 490%; avg bear lasts 1.3 yrs, avg S&P loss -41% @ftportfolios http://pic.twitter.com/vvnTMRntVj
— 13D Research (@WhatILearnedTW) February 15, 2017
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About The Author: John Mihaljevic
John Mihaljevic, CFA is a Managing Editor of The Manual of Ideas and a Managing Director of ValueConferences. He has also served as Managing Partner of investment firm Mihaljevic Capital Management LLC since 2005. He is a member of Value Investors Club, an exclusive community of top money managers, and has won the Club’s prize for best investment idea. John is a trained capital allocator, having studied under Yale University Chief Investment Officer David Swensen and served as Research Assistant to Nobel Laureate James Tobin. John holds a BA in Economics, summa cum laude, from Yale and is a CFA charterholder. He resides in Zurich, Switzerland.
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