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

Abbott Labs, 59i, 60i

Accounting scandals, 89,

234–235

Accruals, 108

Actual high/low, 296n

Adobe, 156

The ADP National Employment

Report, 242–243

Afghanistan war, 234

Africa, growing market share

of, 178–179

Agency costs, 100

AIG, 175, 176i

Alcoa, 40, 56i, 58

Allen, Franklin, 171n

Allen, Robert Loring, 78n

Alpha, 140n

Altria Group, 58, 176i, 177

Ameren Corp., 48

América Móvil, 177

American Brands, 48

American Cotton Oil, in DJIA,

39 i, 47

American Growth Fund, 351

American Spirits Manufactur-

ing, 48

American Stock Exchange,

Nasdaq compared with, 43

American Sugar, in DJIA, 39i,

47

American Telephone and Tele-

graph Co. (AT&T), 56i, 57–58,

176 i, 177

American Tobacco, 47, 59i, 61

in DJIA, 39i, 48

Amoco, 183

Amstar, 47

Anchoring, 330

Anderson, Anne M., 44n

AOL, 88

Aramco, 178

Arbitrage, index, 257–258

Arbitrageurs, 255, 258

Ariel, R. A., 316n

Arithmetic return, 22

Arnott, Robert D., 159n, 355n,

356

The Art of Contrary Thinking

(Neill), 333

Asch, Solomon, 323

Asian crisis, 88

AstraZeneca, 177

Atomic bomb, 233

AT&T, 56i, 57–58, 176i, 177

Authorized participants, 252

Automatic Data Processing

(ADP), 242–243

Babson, Roger, 78

Baby Bells, 57–58

Baldwin, William, 85n

Banerjee, Abhijit V., 325n

Bank of America, 40, 144, 175,

176 i

Bank of China, 175

Bank of New York Corp., 21,

21 n

Bank of the United States, 21

Bankruptcy, stock indexes and,

47

Banz, Rolf, 141

Barber, Brad, 325n

Barberis, Nicholas, 35n, 326n

Basu, Sanjoy, 149

B.A.T. Industries, 48

Bear markets, 6

in early 2000s, 89–91

Great Depression and, 79

Bear markets (Cont.):

during 1966-1982, 85

Beating the Dow(O’Higgins and

Downes), 147

Becker Securities Corporation,

344

Behavioral finance, 322–337

contrarian investing and

investor sentiment and,

333–334, 335i

excessive trading, overconfi-

dence, and representative

bias and, 325–328

fads, social dynamics, and

stock bubbles and, 322–325

myopic loss aversion, portfo-

lio monitoring, and equity

risk premium and, 332–333

out-of-favor stocks and Dow

10 strategy and, 335–336

prospect theory, loss aver-

sion, and holding on to

losing trades and, 328–330

rules for avoiding behavioral

traps and, 331

Bell, Heather, 351n

Benchmarks, for fund perform-

ance, 342

Berkshire Hathaway, 43, 101n,

176 i, 346

Bernanke, Ben, 246

Bernartzi, Shlomo, 332–333

Bernstein, Peter, 363

Best Food, 47

Bestfoods, 47

Beta, 140n

Bethlehem Steel, 56i, 57

Bias:

forward-looking, 330

367

INDEX

Note:Page numbers followed by irefer to figures or tables; those followed by nrefer to notes; those followed

byqrefer to quotations.

Copyright © 2008, 2002, 1998, 1994 by Jeremy J. Siegel. Click here for terms of use.