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The "Nifty Fifty" was a list of "one decision" stocks that could be bought and held forever. This list of stocks included Coca-Cola and IBM as well as troubled companies of today, such as Xerox and Polaroid.
See also: 1973–1974 stock market crash
- ↑ Mark Thornton. "The 'New Economists' and the Great Depression of the 1970s", Mises Daily, May 07, 2004. Referenced 2011-04-25.
- The Nifty-Fifty Re-Revisited by Jeff Fesenmaier and Gary Smith, November 2002 (from author's website)