--- title: "Meaning & Key Takeaway of: Back in the '60s and '70s, data were…" description: "\"Back in the '60s and '70s, data were scarce, and while analysts knew that companies with fat gross margins lagged those with thin gross margins early i..." image: "https://sms4smile.com/quotes/i/dfc/kenneth-fisher-11425_about_back-in-the-60s-and-70s-data-were-scarce_1389615.jpg" --- # Back in the '60s and '70s, data were scarce, and while… ![“Back in the '60s and '70s, data were scarce, and while analysts knew that companies with fat gross margins lagged those with thin gross margins early in bull markets - and overachieved in the later phases - they couldn't do much about it.” quote by Kenneth Fisher](https://sms4smile.com/quotes/i/dfc/kenneth-fisher-11425_about_back-in-the-60s-and-70s-data-were-scarce_1389615.jpg) [Download](https://sms4smile.com/quotes/i/dfc/kenneth-fisher-11425_about_back-in-the-60s-and-70s-data-were-scarce_1389615.jpg) [Open image](https://sms4smile.com/quotes/i/dfc/kenneth-fisher-11425_about_back-in-the-60s-and-70s-data-were-scarce_1389615.jpg) > “Back in the '60s and '70s, data were scarce, and while analysts knew that companies with fat gross margins lagged those with thin gross margins early in bull markets - and overachieved in the later phases - they couldn't do much about it.” [Kenneth Fisher](https://sms4smile.com/quotes/author/kenneth-fisher/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Thin profit margins often signal stronger future performance in expanding markets. **In simple terms:** Low margins can predict later success. Key Takeaway Watch margin trends for investment clues. Themes finance market cycles investment strategy Mood analytical cautious Type financial strategic When to use this quote - stock selection - portfolio management - economic forecasting - business planning Key Concepts margin analysis bull market dynamics risk assessment Questions to Reflect On - How do you balance margin data with other indicators? - What risks accompany thin‑margin firms? A Different Perspective Margins alone don’t guarantee success. ★ ★ ★ ★ ★ No ratings yet [Bull market](https://sms4smile.com/quotes/about/bull-market/) [Companies](https://sms4smile.com/quotes/about/companies/) [Customer](https://sms4smile.com/quotes/about/customer/) [Data](https://sms4smile.com/quotes/about/data/) [Investing](https://sms4smile.com/quotes/about/investing/) [Markets](https://sms4smile.com/quotes/about/markets/) ## Related quotes > [The biggest threat to McDonald's lies within - and that is us as a company becoming complacent. There are a lot of companies that…](https://sms4smile.com/quotes/charlie-bell/the-biggest-threat-to-mcdonald-s-lies-within-and-that-is-us-as-a/) [Charlie Bell](https://sms4smile.com/quotes/author/charlie-bell/) > [The upward move at the beginning of a bull market is almost always huge compared with the vacillations late in the bear market. 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