Unexpected returns understanding secular stock market cycles easterling ed isbn 9781879384620 kostenloser versand fur alle bucher mit versand und verkauf duch amazon. Unxpected returns is a modern investor must read investing in a secular bear market requires much more knowledge than the buy and hold strategy of the 80s and 90s if you desire the type of returns needed to accumulate wealth and retire secure you need to understand the concepts in unexpected returns. A great book about secular stock market cycles it presents some of the best statistics that you have never seen before one of the key findings is that average return rarely occurs in stock market even taking a ten year horizon for example the sp 500 was at 1400 in 2000 and now at 1100 after 11 years. Unexpected returns provides a broad deep and provocative exploration of the factors that determine stock market investment returns over a persons lifetime of special interest to me as a federal reserve policy advisor on monetary policy is easterlings exploration of the critical role of low and stable inflation as a key determinant of stock market performance
How it works:
1. Register Trial Account.
2. Download The Books as you like ( Personal use )