Stocks for the Long Run : the Definitive Guide to Financial Market Returns and Long-term Investment Strategies

Out-of-Favor Stocks and the Dow 10 Strategy Dave:Can you use contrarian strategy to pick individual stocks? IC:Yes. Contrarians ...

over five-year intervals. Portfolios that had been winners in the past five years subsequently lagged the market by 10 percent, ...

IC:Not only have they been helped but they have also prospered. For many people, success in investing requires a much deeper kno ...

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5 PART BUILDING WEALTH THROUGH STOCKS Copyright © 2008, 2002, 1998, 1994 by Jeremy J. Siegel. Click here for terms of use. ...

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20 CHAPTER FUND PERFORMANCE, INDEXING, AND BEATING THE MARKET I have little confidence even in the ability of analysts, let alon ...

manager shakes his head and says, “You can’t outrun black bears; they’ve been known to sprint over 25 miles an hour to capture t ...

measure long-term fund returns. One is to compute the returns of all funds that have survived over the period examined. But the ...

Since 1983, when the small stocks surge ended, the performance of the average mutual fund has been worse, falling nearly 1^1 ⁄ 2 ...

outperform the market.^4 This study followed on the heels of academic articles, particularly those by William Sharpe and Michael ...

return from 1971 through December 2006 beat the market by over 4 per- centage points per year. Close behind was Mutual Shares Z, ...

that they will exceed the average market return after 30 years. If man- agers pick stocks that will outperform the market by 2 p ...

year edge—an ultimatum: that he will be fired if he does not at least match the market after two years. Table 20-2 shows that th ...

tween the buying and the selling price of shares. Second, investors pay management fees (and possibly sales, or “load,” fees) to ...

begin to offset their transactions costs and their poorly informed, losing trades. At some point, a trader might become well eno ...

THE INCREASED POPULARITY OF PASSIVE INVESTING Many investors have realized that the poor performance of actively managed funds r ...

investors in the future. The reason is simple. If a firm’s mere entry into the S&P 500 causes the price of its stock to rise ...

own the stock, volume hit 132 million shares, representing $22 billion of Yahoo! stock traded. This story is repeated with virtu ...

dollar-weighted performance of all investors, so that for anyone who does better than the index, someone else must do worse. Sec ...