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Stocks for the Long Run, 4th Edition

Stocks for the Long Run, 4th Edition

          
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About the Book

Stocks for the Long Run set a precedent as the most complete and irrefutable case for stock market investment ever written. Now, this bible for long-term investing continues its tradition with a fourth edition featuring updated, revised, and new material that will keep you competitive in the global market and up-to-date on the latest index instruments. Wharton School professor Jeremy Siegel provides a potent mix of new evidence, research, and analysis supporting his key strategies for amassing a solid portfolio with enhanced returns and reduced risk. In a seamless narrative that incorporates the historical record of the markets with the realities of today's investing environment, the fourth edition features: • A new chapter on globalization that documents how the emerging world will soon overtake the developed world and how it impacts the global economy • An extended chapter on indexing that includes fundamentally weighted indexes, which have historically offered better returns and lower volatility than their capitalization-weighted counterparts • Insightful analysis on what moves the market and how little we know about the sources of big market changes • A sobering look at behavioral finance and the psychological factors that can lead investors to make irrational investment decisions A major highlight of this new edition of Stocks for the Long Run is the chapter on global investing. With the U.S. stock market currently holding less than half of the world's equity capitalization, it's important for investors to diversify abroad. This updated edition shows you how to create an ?efficient portfolio? that best balances asset allocation in domestic and foreign markets and provides thorough coverage on sector allocation across the globe. Stocks for the Long Run is essential reading for every investor and advisor who wants to fully understand the market-including its behavior, past trends, and future influences-in order to develop a prosperous long-term portfolio that is both safe and secure.

Table of Contents:
Part I. The Verdict Of History Chapter 1. Stock And Bond Returns Since 1802 Chapter 2. Risk, Return, And Portfolio Allocation Chapter 3. Stock Indexes Chapter 4. The S&P 500 Index Chapter 5. The Impact Of Taxes On Stock And Bond Returns Chapter 6. The Investment View Of Stocks Part II. Valuation, Style Investing, And Global Markets Chapter 7. Stocks: Sources And Measures Of Market Value Chapter 8. The Impact Of Economic Growth On Market Valuation And The Coming Of Age Wave Chapter 9. Outperforming The Market Chapter 10. Global Investing And The Rise Of China, India And The Emerging Markets Part III. How The Economic Environment Impacts Stocks Chapter 11. Gold, Monetary Policy, And Inflation Chapter 12. Stocks And The Business Cycle Chapter 13. When The World Events Impact The Financial Markets Chapter 14. Stocks, Bonds, And The Flow Of Economic Data Part IV. Stock Fluctuations In The Short Run Chapter 15. The Rise Of Exchange-Traded Funds, Stock Index Futures, And Options Chapter 16. Market Volatility Chapter 17. Technical Analysis And Investing With The Trend Chapter 18. Calender Anomalies Chapter 19. Behavioral Finance And The Psychology Of Investing Part V. Building Wealth Through Stocks Chapter 20. Fund Performance, Indexing, And Beating The Market Chapter 21. Structuring A Portfolio For Long-Term Growth


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Product Details
  • ISBN-13: 9780070248663
  • Publisher: Tata Mcgraw Hill
  • Publisher Imprint: Tata Mcgraw Hill
  • Edition: 4
  • Weight: 621.42 gr
  • ISBN-10: 0070248664
  • Publisher Date: 2008
  • Binding: Paperback
  • Language: English

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