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352 pages • first pub 2002 (editions)
ISBN/UID: 9780691091945
Format: Hardcover
Language: English
Publisher: Princeton University Press
Publication date: 03 February 2002
Description
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. ...
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352 pages • first pub 2002 (editions)
ISBN/UID: 9780691091945
Format: Hardcover
Language: English
Publisher: Princeton University Press
Publication date: 03 February 2002
Description
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. ...