Bob Kargenian’s Letter Published in Barron’s

Bob Kargenian’s letter was published on July 12 in Barron’s, a weekly newspaper that covers financial information, relevant statistics, and market developments.

In his letter, Bob says, “It continues to perplex me that many professionals in our industry, along with the financial press, perpetuate the myth of ‘cash on the sidelines’ when speaking of the stock market’s prospects (‘This Growth Investor Scores with Tesla, Spotify, and Other Founder-Led Firms,’ Interview, July 5). It isn’t the level of cash on the sidelines that matters. It’s the urgency, or lack thereof, of buyers and sellers that propels prices. It’s called supply and demand.”
Read Bob Kargenian’s Full Letter (login required).