Recommended Reading: Stocks for the Long Run
Posted on Friday, March 9, 2012
This is the bible of long-term stock investing – not the how, but the why. Wharton School Professor Jeremy Siegel goes through estimated market returns for 200 years in the U.S., U.K., Germany and Japan to show a natural level of long-term return in these diverse markets over two centuries!
Now in its fourth edition, Stocks for the Long Run is considered the "bible" of long-term investing. But besides being filled with the data and analysis that demonstrates why investing in the stock market can provide superior returns, the book also discusses behavioral finance, global investing trends, Exchange Traded Funds, mutual funds, and index investing.
Siegel also reviews the best-performing stocks in the Standard & Poor's 500 since the creation of that index, helping investors to understand the dynamics of successful stock selection.