Support For The Fed Model
While not unanimous, there is broad consensus in the non-academic investing community that the basic comparison underlying the Fed model is valid. A number of arguments are listed by different authors in favor of the Fed model:
Read more about this topic: Fed Model
Famous quotes containing the words support, fed and/or model:
“Universal suffrage should rest upon universal education. To this end, liberal and permanent provision should be made for the support of free schools by the State governments, and, if need be, supplemented by legitimate aid from national authority.”
—Rutherford Birchard Hayes (1822–1893)
“And what was too nasty to feed a dog—that is precisely what you threw down before your god. Did he perhaps die of what you fed him?”
—Friedrich Nietzsche (1844–1900)
“It has to be acknowledged that in capitalist society, with its herds of hippies, originality has become a sort of fringe benefit, a mere convention, accepted obsolescence, the Beatnik model being turned in for the Hippie model, as though strangely obedient to capitalist laws of marketing.”
—Mary McCarthy (1912–1989)