Stocks for the Long Run 5/E: The Definitive Guide to Financial Market Returns & Long-Term Investment Strategies (Management & Leadership)
| Author | : | |
| Rating | : | 4.37 (820 Votes) |
| Asin | : | B00GWSXX26 |
| Format Type | : | |
| Number of Pages | : | 569 Pages |
| Publish Date | : | 2014-09-09 |
| Language | : | English |
DESCRIPTION:
BOGLE, founder and former Chairman, The Vanguard Group"A book that all investors—nervous Nellies in particular—should read." —Investing. The stock-investing classic--UPDATED TO HELP YOU WIN IN TODAY'S CHAOTIC GLOBAL ECONOMYMuch has changed since the last edition of Stocks for the Long Run. The financial crisis, the deepest bear market since the Great Depression, and the continued growth of the emerging markets are just some of the contingencies directly affecting every portfolio in the world.To help you navigate markets and make the best investment decisions, Jeremy Siegel has updated his bestselling guide to stock market investing.This new edition of Stocks for the Long Run answers all the important questions of today: How did the crisis alter the fi nancial markets and the future of stock returns? What are the sources of long-term economic growth? How does the Fed really impact investing decisions? Should you hedge against currency instability?Stocks for the Long Run, Fifth Edition, includes brand-new coverage of:THE FINANCIAL CRISISSiegel provides an expert’s analysis of the most important factors behind the crisis; the state of current stability/instability of the financial system and where the stock market fits in; and the viability of value investing as a long-term strategy.CHINA AND INDIAThe economies of these
"A heavily researched book that cites historic and contemporary sources to support its thesis, but it is accessible to the average person." Chicago Tribune 20140109
gary alan chamberlain said The One Best Book On Stocks Since Graham. The basic theme throughout is simply that stock returns (in all developed nations, though at differing slopes, pp. 88-90) regress to a mean, as bonds, and all other investment alternatives, do not. That’s one point. By taking the long historical view (from the dawn of the American republic), Siegel also demonstrates (Chapter 6, pp. 9The One Best Book On Stocks Since Graham The basic theme throughout is simply that stock returns (in all developed nations, though at differing slopes, pp. 88-90) regress to a mean, as bonds, and all other investment alternatives, do not. That’s one point. By taking the long historical view (from the dawn of the American republic), Siegel also demonstrates (Chapter 6, pp. 93-103) that in this country over periods of five years and longer, real stock returns (after inflation) stray from our mean return (6.5%) less and less, until at thirty years the observed deviations are half what standard statistics expect. So stocks are both much mo. -10The One Best Book On Stocks Since Graham The basic theme throughout is simply that stock returns (in all developed nations, though at differing slopes, pp. 88-90) regress to a mean, as bonds, and all other investment alternatives, do not. That’s one point. By taking the long historical view (from the dawn of the American republic), Siegel also demonstrates (Chapter 6, pp. 93-103) that in this country over periods of five years and longer, real stock returns (after inflation) stray from our mean return (6.5%) less and less, until at thirty years the observed deviations are half what standard statistics expect. So stocks are both much mo. ) that in this country over periods of five years and longer, real stock returns (after inflation) stray from our mean return (6.5%) less and less, until at thirty years the observed deviations are half what standard statistics expect. So stocks are both much mo. Still a Classic, but Added some Garbage and Omitted some Great Stuff from the 3rd Edition Tom As an experienced investor who has read over a hundred investment books, Stocks for the Long run has always been in my top 5. Eager for updated data and analysis, I read the new 5th edition, but sadly, it added some uninsightful reviews of the credit crisis and took out some really good stuff, including data on returns following high sentiment, fed cuts, and economic cycles. One of my favorite items omitted was about the justified PE on the nifty fifty and what growth rates justify stock stock prices. Still a great book, but I think the 3rd edition is much better.. "A Must Read For Ministers" according to Matthew Morine. I have two hobbies that I enjoy that are thought provoking. Playing chess and investing in stocks. Sometimes preachers are judged for investing for retirement or seeking to use the stock market to provide for themselves in retirement, but at the end of the day, these judgers are not going to pay your bills. This book was a great overview of the stock market, and even the great recession. It provided a lot of helpful advice, and helped create a long term perspective on investing in a stock. It highlights the value appraoch to stocks, but this pond has been fished a lot over the years. The book gave a l
from M.I.T. He has written and lectured extensively about the economy and financial markets, monetary policy and interest rates, and stock and bond returns. Securities Industry Institute and is on the Advisory Board of the Asian Securities Industry Association. Along with heading the macroeconomics module of the Morgan Bank Fi