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Triumph of the Optimists: 101 Years of Global Investment Returns



Triumph of the Optimists: 101 Years of Global Investment Returns
Triumph of the Optimists: 101 Years of Global Investment Returns
Publisher: Princeton University Press | ISBN: 0691091943 | edition 2002 | PDF | 320 pages | 24,8 mb

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.

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