Stocks for the Long Run
Book description
The stock-investing classic--UPDATED TO HELP YOU WIN IN TODAY'S CHAOTIC GLOBAL ECONOMY
Much has changed since the last edition of Stocks for the Long Run. The financial crisis, the deepest bear market since the Great Depression, and the continued growth of the emerging markets are just some of the contingencies…
Why read it?
2 authors picked Stocks for the Long Run as one of their favorite books. Why do they recommend it?
I loved this book because it is well-written and presents 200+ years of stock market history in a clear and compelling fashion.
This book helped me to understand the value of buying and holding stocks for the long term. I appreciated the thoroughness and objectivity that the professor who wrote this book brings to the table.
From Eric's list on getting smarter about investing and money.
I first met Jeremy when I was a PhD student in his banking course at Wharton.
Trained as an economist, Siegel’s interest was in investments. That’s how he is able to bring a unique perspective into the world of investments. He compiled one of the earliest datasets of U.S. stock returns going back to the nineteenth century. What he found is the consistency of stock returns compared with risk-free investments over the long run.
Siegel challenges the traditional thinking of the notion of risk when we consider a diversified portfolio held over a long horizon.
From Stephen's list on developing your investment philosophy.
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