Triumph of the Optimists: 101 Years of Global Investment Returns
Elroy Dimson, Paul Marsh, Mike Staunton
This will become the definitive empirical basis for analysis of the world's capital markets over the twentieth century. It is an important work of scholarship; no one else has calculated the equity premium of a large number of countries over the long term. In doing so, the book contributes to the very lively debate on the magnitude of the equity premium and will make a splash.(William Goetzmann, Yale University )
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The book removed at the request of the copyright holder.