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Small Investors Defy Wall Street Cliche Says NAIC Chief
John Cunniff reports that small investors in NAIC clubs outperform misperceptions, with club assets doubling every five years and higher odds of long-term gains. Despite market downturns, members invest regularly, assume risk, and seek growth, while go-go funds show mixed results. Tammy Grimes and Dick Sargent TV plug appears as a distraction.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Tom O’hara
National Association of Investment Clubs
NAIC
Tinue
O’hara