.png){kind=logo}
25%OFF
Stock image for illustration purposes only - book cover, edition or condition may vary.
Triumph of the Optimists: 101 Years of Global Investment Returns
Elroy Dimson
€ 197.56
€ 148.48
FREE Delivery in Ireland
Description for Triumph of the Optimists: 101 Years of Global Investment Returns
Hardback. .
Investors have too often extrapolated from recent experience. In the 1950s, who but the most rampant optimist would have dreamt that over the next fifty years the real return on equities would be 9% per year? Yet this is what happened in the U.S. stock market. The optimists triumphed. However, as Don Marquis observed, an optimist is someone who never had much experience. The authors of this book extend our experience across regions and across time. They present a comprehensive and consistent analysis of investment returns for equities, bonds, bills, currencies and inflation, spanning sixteen countries, from the end of ... Read more
Investors have too often extrapolated from recent experience. In the 1950s, who but the most rampant optimist would have dreamt that over the next fifty years the real return on equities would be 9% per year? Yet this is what happened in the U.S. stock market. The optimists triumphed. However, as Don Marquis observed, an optimist is someone who never had much experience. The authors of this book extend our experience across regions and across time. They present a comprehensive and consistent analysis of investment returns for equities, bonds, bills, currencies and inflation, spanning sixteen countries, from the end of ... Read more
Product Details
Publisher
Princeton University Press United States
Number of pages
352
Format
Hardback
Publication date
2002
Condition
New
Weight
1604g
Number of Pages
352
Place of Publication
New Jersey, United States
ISBN
9780691091945
SKU
V9780691091945
Shipping Time
Usually ships in 7 to 11 working days
Ref
99-44
About Elroy Dimson
All three authors are at the London Business School. Elroy Dimson is Professor of Finance. Paul Marsh is Esmee Fairbairn Professor of Finance. Mike Staunton is Director of the London Share Price Database.
Reviews for Triumph of the Optimists: 101 Years of Global Investment Returns
"At the very least, this [book] suggests that the recent blind adherence to the cult of the equity needs to be questioned and that the strategic weighting of bonds in institutional portfolios should be increased."
Philip Coggan, Financial Times "A model of how investor research should be carried out... Like most great books, Triumph of the Optimists has us saying 'Wow!' ... Read more
Philip Coggan, Financial Times "A model of how investor research should be carried out... Like most great books, Triumph of the Optimists has us saying 'Wow!' ... Read more