Browsing: Repeating

Eight years ago, I taught a course called Programmatic Buying Foundations. The pitch, right there in the course title, was that data and technology could deliver highly relevant, effective, and measurable ads at scale. Read Kevin Indig’s new Growth Memo column on the hidden hours buried inside AI marketing workflows, and you’ll recognize the dark…

If you look closely at the last 150 years of stock market history, you’ll see a clear pattern: Periods of extremely high valuations are often followed by disappointing returns, some of which lead to outright crashes.

A common saying I’ve heard throughout my life is that history repeats itself, and the stock market is no exception. Some cycles are fairly frequent, while others are much rarer. Right now, we’re approaching one that falls into the latter bucket, with a stock market that hasn’t been this expensive in over 26 years.