Triumph of the Optimists


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.

Author(s): Elroy Dimson   Paul Marsh   Mike Staunton  

ISBN 10: 0691091943
ISBN 13: 9780691091945
Pages: 352
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