Bull!: A History of the Boom and Bust, 1982–2004

by Maggie Mahar

loans. See debt; interest rates lobbyists,

Long Term Capital Management,

long-term interest rates,

dividends and,

price/earnings ratios as guides,

LTCM.

Lynch, Peter,

Main Street investors. See individual investors Malone, Michael,

Manias, Panics and Crashes (Kindleberger), 262–63, 304 manufacturing capacity,

market cycles,

Buffett’s buying-at-bottom strategy and,

commodities (1937–99), 373

conventional wisdom

Dow Theory analysis,

duration of financial memory

expansion/contraction rhythm

graph of (1882–2003),

importance of understanding,

index funds, 209

individual investor indifference to,

investor’s long-term success, 189,

mania ingredients, 262–63 momentum investing effects in,

spread between bull and bear,

value investing and, 214, 215, 327, 354–55, 363 See also bear market; bull market

McCain, John, 323,

McDonald’s,

media,

crash of 1987 and, 67,

on dot-com stocks,

financial analysis,

financial investigative reporting,

as fueling Great Bull Market,

Great Bull Market aftermath

gurus

upbeat stock-loss reports,

Media Matters (PBS program),

Internet commitment,

mergers and acquisitions,

Merrill Lynch, 73,

bulls vs. bears at, 327

Microsoft,

Andrea, 249 momentum investing, 13, 21–22, 202,

305, 307 Amazon.com shares and,

Money (magazine), 108, 168, 305, 306 Moneyline (CNN program), 304, 306, 310

money managers. See fund managers money market funds,

Morgan Stanley, 12

LTCM bailout,

Sunbeam

Morgan Stanley Cyclical Index,

Morningstar,