In 1992, the Dow closed at 1020. In 1982 it closed at 1047, just 27 points higher than the value achieved a decade earlier. In between, it gyrated wildly, recording four years of negative growth. During this period, inflation reduced the purchasing power of a dollar by over 66 percent. A 1995 article in the Wall Street Journal quotes Russell Fuller, president of RJF Asset Management (now Fuller & Thaler Asset Management) in San Mateo, California, as follows: “‘People like myself, who have been in the business since before the 1973-74 crash, we were terrified by that crash; says Mr. Fuller, the money manager. ‘That’s a very low probability event. But many of the people in this business have spent the last 20 years worrying about that happening again.