investmentyoo

Investment History Episode 10: The 1960s Go-Go Market, How Growth Stocks Became the Stars of Wall Street The 1960s U.S. stock market was not just another bull market. After the postwar recovery of the 1950s, ordinary investors began to return to stocks with greater confidence. By the 1960s, that confidence had evolved into a powerful fascination with growth stocks, mutual funds, star fund managers, technology companies, conglomerates, and large-cap quality stocks . This was a period when the market moved faster, investors became more ambitious, and the idea of simply collecting dividends no longer felt exciting enough for many people. They wanted capital gains. They wanted companies that could grow faster than the economy. They wanted to invest in the future before everyone else did. But the Go-Go market also carried a hidden warning. As expectations became stronger, prices became higher. Many investors started to believe that a great company could be bought at almost any price. That b...