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

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

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? @Rob: Thanks for your comment,. Triumph of the Optimists: 101 Years of Global Investment Returns, by Elroy Dimson, Paul Marsh, and Mike Staunton, is considered by many to be the best book written about markets and in so many ways it actually is. As a book title says, it's the Triumph of the Optimists. No one has ever been successful betting against life. It's from a 2002 book called Triumph of the Optimists by Elroy Dimson, Paul Marsh and Mike Stanton of the London Business School. Investors have too often extrapolated from recent experience. Especially considering the empirical evidence in Triumph of the Optimists that it is better to hold unhedged portfolios. The likely rewards from equity investment are worth having over the very long haul. Sources: Triumph of the Optimists PWL Capital's paper explaining why currency-hedging has tracking error issues. Thanks to Doug for posting the link to Global Investment Returns Yearbook synopsis by the authors of Triumph of the Optimists. Misbah-ul-Haq optimistic about Pakistan's triumph over England – Cricket News Update Misbah-ul-Haq, the Pakistani captain, hopes that his team will. Being positive is a win-win scenario, and has always triumphed over negativity. Unfortunately, as Elroy Dimson points out in Triumph of the Optimists: “While a country has only one past, there are many possible futures. Title:Triumph of the Optimists: 313 Years of Global Investment Returns Author:Elroy Dimson, Paul Marsh, Mike Staunton Publisher:Princeton University Press ISBN:1693193963.