S&P 500 Touches 4800 – Just as Predicted in Our 2025 Annual Letter
One of the major calls we made in Annual Letter 2025 was that the S&P 500 (Cash) would hit 4800. At the time, this prediction stood out because most of Wall Street was still bullish, expecting the rally to continue with no major pullbacks. But as we’ve now seen, the market did exactly what we anticipated—the S&P 500 […]
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