Triumph of the Optimists: 101 Years of Global Investment Returns
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"Our favorite book on global stock market performance. . . . [It] epitomizes outstanding investment research. . . . Unless intelligent life is discovered on another planet and a stock market is found to have been operating there for some centuries, it is unlikely that much new data can be brought to bear on the issue of long-run stock returns. Triumph of the Optimists may well be the last word on the subject for some time to come.", Active Trader magazine
"Connoisseurs of financial history will find plenty to enjoy in Triumph of the Optimists. . . . The evidence produced by Mr. Dimson and his colleagues is striking, [and]. . . these issues are more than just academic. . . . A provocative lesson."---Matthew Lynn, Financial Times
"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!' and 'Unbelievable!' with startling regularity. . . . This is a book that belongs on every investor's bookshelf."---Victor Niederhoffer and Laurel Kenner, "Money" columnists, msn.com
"A brilliant new book."---Jason Zweig, Time
- Item Weight : 3.25 pounds
- Hardcover : 320 pages
- ISBN-10 : 9780691091945
- ISBN-13 : 978-0691091945
- Publisher : Princeton University Press (January 1, 2002)
- Product Dimensions : 8.6 x 1.26 x 11.28 inches
- Language: : English
- ASIN : 0691091943
- Best Sellers Rank: #763,149 in Books (See Top 100 in Books)
- Customer Reviews: