| Author: mungofitch |
| Subject: Re: sector |
| Date: 9/7/2012 |
| Recommendations: 3 |
Jeremy Siegel looked at the last 100 years of sector performance in his book "Stocks for the Long Run" and found that cosmetics, energy, pharmaceuticals, booze, tobacco, and medical device makers tend to have been the best industries to be in over the long run. That matches almost perfectly with my own research. Medical supplies, beer, armaments, pharmacy services, hotels/gaming have also done well. Much to my surprise basic chemicals and rails made the top 10 too. My work goes back only around 40 years. Jim |