Triumph of the optimists by Elroy Dimson, Mike Staunton, Paul Marsh

Triumph of the optimists



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Triumph of the optimists Elroy Dimson, Mike Staunton, Paul Marsh ebook
Format: pdf
ISBN: 0691091943, 9780691091945
Page: 353
Publisher: PUP


Triumph of the Optimists Amazon.com. Investors have too often extrapolated from recent experience. This exhaustive hardcover offers a history of 101 years of global investment returns. Triumph of the Optimists: 101 Years of Global Investment Returns. History has shown the ascendency of the U.S. [Triumph of the Optimists: 101 Years of Global Investment Returns, 2002 (Princeton University Press)]. The empirical data yield an estimate of ?=2.3 for the loss aversion index. The market always finds a way to overcome the problem of the day and head higher. For some quite substantial meat to put onto these philosophical bones, see "Triumph of the Optimists: 101 Years of Global Investment Returns" by Dimson, Marsh, and Staunton, Princeton University Press, 2002. Equity markets are a testament to the triumph of the optimists. It's a gorgeous coffee table book that dives into data like nothing that's ever been done before.