Stocks for the long run: the definitive guide to financial market returns and long-term investment strategies
Gespeichert in:
| 1. Verfasser: | |
|---|---|
| Format: | Buch |
| Sprache: | English |
| Veröffentlicht: |
New York [u.a.]
McGraw-Hill
2002
|
| Ausgabe: | 3. ed. |
| Schlagworte: | |
| Online-Zugang: | Publisher description Inhaltsverzeichnis |
| Beschreibung: | XXIV, 383 S. graph. Darst. |
| ISBN: | 007137048X 0071426884 |
Internformat
MARC
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| 245 | 1 | 0 | |a Stocks for the long run |b the definitive guide to financial market returns and long-term investment strategies |c Jeremy J. Siegel |
| 250 | |a 3. ed. | ||
| 264 | 1 | |a New York [u.a.] |b McGraw-Hill |c 2002 | |
| 300 | |a XXIV, 383 S. |b graph. Darst. | ||
| 336 | |b txt |2 rdacontent | ||
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| 650 | 4 | |a Geschichte | |
| 650 | 4 | |a Stocks | |
| 650 | 4 | |a Stocks -- History | |
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| 650 | 4 | |a Stocks -- Rate of return | |
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Datensatz im Suchindex
| _version_ | 1804135955835125760 |
|---|---|
| adam_text | CONTENTS Foreword xv
Preface xix
Acknowledgments xxiii
PARTI THE VERDICT OF HISTORY
Chapter 1
Stock and Bond Returns Since 1802 3
Everybody Ought to Be Rich 3
Financial Market Returns from 1802 5
Historical Series on Bonds 7
The Price Level and Gold 9
Total Real Returns 11
Interpretation of Returns 12
Long Period Returns 12
Short Period Returns 14
Real Returns on Fixed Income Assets 14
The Fall in Fixed Income Returns 15
Equity Premium 16
International Returns 18
Germany 20
United Kingdom 20
Japan 21
Foreign Bonds 21
Conclusion 22
Appendix 1: Stocks from 1802 to 1871 23
Appendix 2: Arithmetic and Geometric Returns 24
Chapter 2 Risk, Return, and Portfolio Allocation 25
Measuring Risk and Return 25
Risk and Holding Period 26
V
vi CONTENTS
Investor Holding Periods 29
Investor Returns from Market Peaks 30
Standard Measures of Risk 32
Correlation between Stock and Bond Returns 34
Efficient Frontiers 36
Recommended Portfolio Allocations 37
Inflation Indexed Bonds 39
Conclusion 41
Chapter 3
Stock Indexes 43
Market Averages 43
The Dow Jones Averages 44
Computation of the Dow Index 45
hong Term Trends in the Dow 46
Use of Trend Lines to Predict Future Returns 48
Value Weighted Indexes 48
Standard Poor s Index 48
Nasdaq Index 49
Wilshire 5000 and Russell Indexes 51
Worldwide Rank of Individual Firms 52
Transformation of S P 500 Index 52
Return Biases in Stock Indexes 54
Appendix: What Happened to the Original 12 Dow Jones Industrials? 55
Chapter 4
The Impact of Taxes on Asset Returns 57
Historical Taxes on Income and Capital Gains 58
A Total After Tax Returns Index 58
The Benefits of Deferring Capital Gains Taxes 61
Inflation and the Capital Gains Tax 62
Increasingly Favorable Tax Factors for Equities 64
Stocks or Bonds in Tax Deferred Accounts? 66
Conclusion 67
Appendix: History of the Tax Code 68
CONTENTS vii
Chapter 5
Perspectives on Stocks as Investments 71
Early Views of Stock Investing 73
Influence of Smith s Work 74
Common Stock Theory of Investment 76
A Radical Shift in Sentiment 76
Postcrash View of Stock Returns 77
The Cult of Equities 79
The Technology Boom 82
Legacy of the Bull Market 83
PART 2 VALUATION, FUTURE STOCK RETURNS,
AND STYLE INVESTING
Chapter 6
Sources and Measures of Stock Market Value 87
An Evil Omen Returns 87
Valuation of Cash Flows from Stocks 89
Sources of Shareholder Value 90
Does the Value of Stocks Depend on Dividends or Earnings? 92
Long Term Earnings Growth and Economic Growth 93
Historical Yardsticks for Valuing the Market 95
The Price to Earnings Ratio 95
The P E Ratio and Future Stock Returns 97
Earnings Definitions and Controversy 98
Reported and Operating Earnings 98
Aggregate Earnings Estimates 99
Earnings Quality and Returns 100
Book Value, Market Value, and Tobin s Q 100
Market Value Relative to GDP 103
The Fed Model of Market Valuation 104
What Do These Valuation Measures Show? 107
viii CONTENTS
Chapter 7 The Great Bull Market, the New Economy, the Age Wave,
and Future Stock Returns 111
The New Economy and Earnings Growth 112
Corporate Profits and National Income 112
Profits in the New Economy 115
Factors Raising the Valuation Ratios 115
More Stable Economy 116
Transactions Costs 117
Taxes 118
New Justified P E Ratios 119
The Equity Premium 121
Future Equity Returns 122
Terrorism 124
The Age Wave 125
Solutions to the Age Wave Crisis 128
Conclusion 129
Chapter 8
Large Stocks, Small Stocks, Value Stocks, Growth Stocks 131
Outperforming the Market 131
Risks and Returns in Small Stocks 132
Trends in Small Stock Returns 133
Value Based Criteria 136
Price to Earnings (P E) Ratios 136
Price to Book Ratios 136
Value and Growth Stocks 137
Nature of Growth and Value Stocks 141
Dividend Yields 141
Distressed Firms 142
Initial Public Offerings 143
Investment Strategy 144
Chapter 9
Valuation of Growth and Technology Stocks 147
The Nifty Fifty of the 1970s 150
Evaluation of Data 153
CONTENTS ix
What Was the Right P E Ratio to Pay for the Nifty Fifty? 153
Earnings Growth and Valuation 154
Returns of High and Low P E Nifty Fifty Stocks 155
Justified P E Ratios for Individual Stocks 156
Conclusion 160
Appendix: Corporate Changes in the Nifty Fifty Stocks 161
Chapter 10
Global Investing 163
Cycles in Foreign Markets 164
Diversification in World Markets 168
Principles of Diversification 168
Efficient Portfolios 168
Increase in Correlation between World Returns 169
Sector Diversification 173
Hedging Foreign Exchange Risks 174
Hedging in the Short Run 175
The Emerging Market Crisis of 1998 176
Aftermath of Crisis 178
Conclusion 179
PART 3 ECONOMIC ENVIRONMENT OF INVESTING
Chapter 11 Gold, the Federal Reserve, and Inflation 183
Money and Prices 184
The Gold Standard 186
Establishment of the Federal Reserve 187
Fall of the Gold Standard 187
Postdevaluation Policy 188
Postgold Monetary Policy 190
The Federal Reserve and Money Creation 191
How the Fed Affects Interest Rates 191
Fed Policy Actions and Interest Rates 192
Stocks as Inflationary Hedges 194
I
x CONTENTS
Why Stocks Fail as a Short Term Inflation Hedge 195
Higher Interest Rates 195
Supply Induced Inflation 197
Fed Policy, the Business Cycle, and Government Spending 198
Inflation and the U.S. Tax Code 198
Inflation Distortions to Corporate Earnings 198
Inflation Biases in Interest Costs 200
Inflation and the Capital Gains Tax 200
Conclusion 201
Chapter 12
Stocks and the Business Cycle 203
Who Calls the Business Cycle? 204
Stock Returns around Business Cycle Turning Points 207
Gains through Timing the Business Cycle 210
How Hard Is It to Predict the Business Cycle? 211
Conclusion 214
Chapter 13
World Events That Impact Financial Markets 215
September 11,2001 215
What Moves the Market? 217
Uncertainty and the Market 220
Democrats and Republicans 221
Stocks and War 224
The World Wars 225
Post 1945 Conflicts 227
Conclusion 228
Chapter 14
Reactions of Financial Markets to Economic Data 229
Economic Data and the Market 231
Principles of Market Reaction 231
Information Content of Data Releases 232
Economic Growth and Stock Prices 233
The Employment Report 234
The Cycle of Announcements 235
CONTENTS xi
Inflation Reports 237
Core Inflation 237
Employment Costs 238
Impact on Financial Markets 238
Central Bank Policy 239
Conclusion 239
PART4 STOCK FLUCTUATIONS IN THE SHORT RUN
Chapter 15
Spiders, Cubes, Futures, and Options 243
Exchange Traded Funds 244
Stock Index Futures 245
The Impact of Index Futures 247
Basics of Futures Markets 248
Index Arbitrage 251
Predicting the New York Open with Globex Trading 253
Double and Triple Witching 254
Margin and Leverage 255
Using ETFs or Futures 256
Comparing ETFs, Futures, and Index Mutual Funds 256
Index Options 258
Buying Index Options 260
Selling Index Options 261
Long Term Trends and Stock Index Futures 261
Chapter 16
Market Volatility 263
The Stock Market Crash of October 1987 265
Causes of the Stock Market Crash 267
Exchange Rate Policies 267
The Stock Market Crash and the Futures Market 269
Circuit Breakers 270
The Nature of Market Volatility 271
Historical Trends of Stock Volatility 272
VIX: The Volatility Index 275
1
xii CONTENTS
Distribution of Large Daily Changes 277
The Economics of Market Volatility 279
Epilogue to the Crash 280
Chapter 17
Technical Analysis and Investing with the Trend 283
The Nature of Technical Analysis 283
Charles Dow, Technical Analyst 284
Randomness of Stock Prices 285
Simulations of Random Stock Prices 286
Trending Markets and Price Reversals 288
Moving Averages 289
Testing the Dow Jones Moving Average Strategy 290
The Nasdaq Moving Average Strategy 294
Distribution of Gains and Losses 295
Conclusion 295
Chapter 18
Calendar Anomalies 299
The January Effect 300
Causes of the January Effect 303
The January Effect in Value Stocks 305
Monthly Returns 306
The September Effect 308
Intramonth Returns 310
Day of the Week Effects 311
What s an Investor to Do? 313
Chapter 19
Behavioral Finance and the Psychology of Investing 315
Technology Boom, 1999 2001 316
Behavioral Finance 318
Fads, Social Dynamics, and Stock Bubbles 319
Excessive Trading, Overconfidence, and the Representative Bias 321
Prosperity Theory, Loss Aversion, and Holding onto Losing Trades 324
Rules to Avoid Behavioral Traps 327
CONTENTS xiii
Myopic Loss Aversion, Portfolio Monitoring, and the Equity
Risk Premium 328
Contrarian Investing and Investor Sentiment: Two Strategies
to Enhance Portfolio Returns 330
Out of Favor Stocks and the Dow 10 Strategy 333
PART 5 BUILDING WEALTH THROUGH STOCKS
Chapter 20
Fund Performance, Indexing, and Beating the Market 341
Performance of Equity Mutual Funds 342
Finding Skilled Money Managers 347
Reasons for Underperformance of Managed Money 349
A Little Learning Is a Dangerous Thing 349
Profiting from Informed Trading 350
How Costs Affect Returns 350
Development of Indexing and Passive Investing 351
Potential Pitfalls of Indexing 352
Effect of Overpricing on Returns 353
Effects of Overpricing on Portfolio Allocation 355
Conclusion 357
Chapter 21
Structuring a Portfolio for Long Term Growth 359
Principles of Long Term Investing 360
Return Enhancing Strategies 366
Implement the Plan and the Role of an Investment Advisor 368
Conclusion 370
Index 371
|
| adam_txt |
CONTENTS Foreword xv
Preface xix
Acknowledgments xxiii
PARTI THE VERDICT OF HISTORY
Chapter 1
Stock and Bond Returns Since 1802 3
"Everybody Ought to Be Rich" 3
Financial Market Returns from 1802 5
Historical Series on Bonds 7
The Price Level and Gold 9
Total Real Returns 11
Interpretation of Returns 12
Long Period Returns 12
Short Period Returns 14
Real Returns on Fixed Income Assets 14
The Fall in Fixed Income Returns 15
Equity Premium 16
International Returns 18
Germany 20
United Kingdom 20
Japan 21
Foreign Bonds 21
Conclusion 22
Appendix 1: Stocks from 1802 to 1871 23
Appendix 2: Arithmetic and Geometric Returns 24
Chapter 2 Risk, Return, and Portfolio Allocation 25
Measuring Risk and Return 25
Risk and Holding Period 26
V
vi CONTENTS
Investor Holding Periods 29
Investor Returns from Market Peaks 30
Standard Measures of Risk 32
Correlation between Stock and Bond Returns 34
Efficient Frontiers 36
Recommended Portfolio Allocations 37
Inflation Indexed Bonds 39
Conclusion 41
Chapter 3
Stock Indexes 43
Market Averages 43
The Dow Jones Averages 44
Computation of the Dow Index 45
hong Term Trends in the Dow 46
Use of Trend Lines to Predict Future Returns 48
Value Weighted Indexes 48
Standard Poor's Index 48
Nasdaq Index 49
Wilshire 5000 and Russell Indexes 51
Worldwide Rank of Individual Firms 52
Transformation of S P 500 Index 52
Return Biases in Stock Indexes 54
Appendix: What Happened to the Original 12 Dow Jones Industrials? 55
Chapter 4
The Impact of Taxes on Asset Returns 57
Historical Taxes on Income and Capital Gains 58
A Total After Tax Returns Index 58
The Benefits of Deferring Capital Gains Taxes 61
Inflation and the Capital Gains Tax 62
Increasingly Favorable Tax Factors for Equities 64
Stocks or Bonds in Tax Deferred Accounts? 66
Conclusion 67
Appendix: History of the Tax Code 68
CONTENTS vii
Chapter 5
Perspectives on Stocks as Investments 71
Early Views of Stock Investing 73
Influence of Smith's Work 74
Common Stock Theory of Investment 76
A Radical Shift in Sentiment 76
Postcrash View of Stock Returns 77
The Cult of Equities 79
The Technology Boom 82
Legacy of the Bull Market 83
PART 2 VALUATION, FUTURE STOCK RETURNS,
AND STYLE INVESTING
Chapter 6
Sources and Measures of Stock Market Value 87
An Evil Omen Returns 87
Valuation of Cash Flows from Stocks 89
Sources of Shareholder Value 90
Does the Value of Stocks Depend on Dividends or Earnings? 92
Long Term Earnings Growth and Economic Growth 93
Historical Yardsticks for Valuing the Market 95
The Price to Earnings Ratio 95
The P E Ratio and Future Stock Returns 97
Earnings Definitions and Controversy 98
Reported and Operating Earnings 98
Aggregate Earnings Estimates 99
Earnings Quality and Returns 100
Book Value, Market Value, and Tobin's Q 100
Market Value Relative to GDP 103
The Fed Model of Market Valuation 104
What Do These Valuation Measures Show? 107
viii CONTENTS
Chapter 7 The Great Bull Market, the New Economy, the Age Wave,
and Future Stock Returns 111
The New Economy and Earnings Growth 112
Corporate Profits and National Income 112
Profits in the New Economy 115
Factors Raising the Valuation Ratios 115
More Stable Economy 116
Transactions Costs 117
Taxes 118
New Justified P E Ratios 119
The Equity Premium 121
Future Equity Returns 122
Terrorism 124
The Age Wave 125
Solutions to the Age Wave Crisis 128
Conclusion 129
Chapter 8
Large Stocks, Small Stocks, Value Stocks, Growth Stocks 131
Outperforming the Market 131
Risks and Returns in Small Stocks 132
Trends in Small Stock Returns 133
Value Based Criteria 136
Price to Earnings (P E) Ratios 136
Price to Book Ratios 136
Value and Growth Stocks 137
Nature of Growth and Value Stocks 141
Dividend Yields 141
Distressed Firms 142
Initial Public Offerings 143
Investment Strategy 144
Chapter 9
Valuation of Growth and Technology Stocks 147
The Nifty Fifty of the 1970s 150
Evaluation of Data 153
CONTENTS ix
What Was the Right P E Ratio to Pay for the Nifty Fifty? 153
Earnings Growth and Valuation 154
Returns of High and Low P E Nifty Fifty Stocks 155
Justified P E Ratios for Individual Stocks 156
Conclusion 160
Appendix: Corporate Changes in the Nifty Fifty Stocks 161
Chapter 10
Global Investing 163
Cycles in Foreign Markets 164
Diversification in World Markets 168
Principles of Diversification 168
Efficient Portfolios 168
Increase in Correlation between World Returns 169
Sector Diversification 173
Hedging Foreign Exchange Risks 174
Hedging in the Short Run 175
The Emerging Market Crisis of 1998 176
Aftermath of Crisis 178
Conclusion 179
PART 3 ECONOMIC ENVIRONMENT OF INVESTING
Chapter 11 Gold, the Federal Reserve, and Inflation 183
Money and Prices 184
The Gold Standard 186
Establishment of the Federal Reserve 187
Fall of the Gold Standard 187
Postdevaluation Policy 188
Postgold Monetary Policy 190
The Federal Reserve and Money Creation 191
How the Fed Affects Interest Rates 191
Fed Policy Actions and Interest Rates 192
Stocks as Inflationary Hedges 194
I
x CONTENTS
Why Stocks Fail as a Short Term Inflation Hedge 195
Higher Interest Rates 195
Supply Induced Inflation 197
Fed Policy, the Business Cycle, and Government Spending 198
Inflation and the U.S. Tax Code 198
Inflation Distortions to Corporate Earnings 198
Inflation Biases in Interest Costs 200
Inflation and the Capital Gains Tax 200
Conclusion 201
Chapter 12
Stocks and the Business Cycle 203
Who Calls the Business Cycle? 204
Stock Returns around Business Cycle Turning Points 207
Gains through Timing the Business Cycle 210
How Hard Is It to Predict the Business Cycle? 211
Conclusion 214
Chapter 13
World Events That Impact Financial Markets 215
September 11,2001 215
What Moves the Market? 217
Uncertainty and the Market 220
Democrats and Republicans 221
Stocks and War 224
The World Wars 225
Post 1945 Conflicts 227
Conclusion 228
Chapter 14
Reactions of Financial Markets to Economic Data 229
Economic Data and the Market 231
Principles of Market Reaction 231
Information Content of Data Releases 232
Economic Growth and Stock Prices 233
The Employment Report 234
The Cycle of Announcements 235
CONTENTS xi
Inflation Reports 237
Core Inflation 237
Employment Costs 238
Impact on Financial Markets 238
Central Bank Policy 239
Conclusion 239
PART4 STOCK FLUCTUATIONS IN THE SHORT RUN
Chapter 15
Spiders, Cubes, Futures, and Options 243
Exchange Traded Funds 244
Stock Index Futures 245
The Impact of Index Futures 247
Basics of Futures Markets 248
Index Arbitrage 251
Predicting the New York Open with Globex Trading 253
Double and Triple Witching 254
Margin and Leverage 255
Using ETFs or Futures 256
Comparing ETFs, Futures, and Index Mutual Funds 256
Index Options 258
Buying Index Options 260
Selling Index Options 261
Long Term Trends and Stock Index Futures 261
Chapter 16
Market Volatility 263
The Stock Market Crash of October 1987 265
Causes of the Stock Market Crash 267
Exchange Rate Policies 267
The Stock Market Crash and the Futures Market 269
Circuit Breakers 270
The Nature of Market Volatility 271
Historical Trends of Stock Volatility 272
VIX: The Volatility Index 275
1
xii CONTENTS
Distribution of Large Daily Changes 277
The Economics of Market Volatility 279
Epilogue to the Crash 280
Chapter 17
Technical Analysis and Investing with the Trend 283
The Nature of Technical Analysis 283
Charles Dow, Technical Analyst 284
Randomness of Stock Prices 285
Simulations of Random Stock Prices 286
Trending Markets and Price Reversals 288
Moving Averages 289
Testing the Dow Jones Moving Average Strategy 290
The Nasdaq Moving Average Strategy 294
Distribution of Gains and Losses 295
Conclusion 295
Chapter 18
Calendar Anomalies 299
The January Effect 300
Causes of the January Effect 303
The January Effect in Value Stocks 305
Monthly Returns 306
The September Effect 308
Intramonth Returns 310
Day of the Week Effects 311
What's an Investor to Do? 313
Chapter 19
Behavioral Finance and the Psychology of Investing 315
Technology Boom, 1999 2001 316
Behavioral Finance 318
Fads, Social Dynamics, and Stock Bubbles 319
Excessive Trading, Overconfidence, and the Representative Bias 321
Prosperity Theory, Loss Aversion, and Holding onto Losing Trades 324
Rules to Avoid Behavioral Traps 327
CONTENTS xiii
Myopic Loss Aversion, Portfolio Monitoring, and the Equity
Risk Premium 328
Contrarian Investing and Investor Sentiment: Two Strategies
to Enhance Portfolio Returns 330
Out of Favor Stocks and the Dow 10 Strategy 333
PART 5 BUILDING WEALTH THROUGH STOCKS
Chapter 20
Fund Performance, Indexing, and Beating the Market 341
Performance of Equity Mutual Funds 342
Finding Skilled Money Managers 347
Reasons for Underperformance of Managed Money 349
A Little Learning Is a Dangerous Thing 349
Profiting from Informed Trading 350
How Costs Affect Returns 350
Development of Indexing and Passive Investing 351
Potential Pitfalls of Indexing 352
Effect of Overpricing on Returns 353
Effects of Overpricing on Portfolio Allocation 355
Conclusion 357
Chapter 21
Structuring a Portfolio for Long Term Growth 359
Principles of Long Term Investing 360
Return Enhancing Strategies 366
Implement the Plan and the Role of an Investment Advisor 368
Conclusion 370
Index 371 |
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| id | DE-604.BV021982180 |
| illustrated | Illustrated |
| index_date | 2024-07-02T16:10:02Z |
| indexdate | 2024-07-09T20:48:44Z |
| institution | BVB |
| isbn | 007137048X 0071426884 |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-015197252 |
| oclc_num | 845492838 |
| open_access_boolean | |
| owner | DE-706 DE-M347 DE-521 DE-11 DE-19 DE-BY-UBM |
| owner_facet | DE-706 DE-M347 DE-521 DE-11 DE-19 DE-BY-UBM |
| physical | XXIV, 383 S. graph. Darst. |
| publishDate | 2002 |
| publishDateSearch | 2002 |
| publishDateSort | 2002 |
| publisher | McGraw-Hill |
| record_format | marc |
| spelling | Siegel, Jeremy J. 1945- Verfasser (DE-588)131422979 aut Stocks for the long run the definitive guide to financial market returns and long-term investment strategies Jeremy J. Siegel 3. ed. New York [u.a.] McGraw-Hill 2002 XXIV, 383 S. graph. Darst. txt rdacontent n rdamedia nc rdacarrier Geschichte Stocks Stocks -- History Rate of return Stocks -- Rate of return Analyse (DE-588)4122795-5 gnd rswk-swf Aktienbewertung (DE-588)4000933-6 gnd rswk-swf Aktienanlage (DE-588)4125483-1 gnd rswk-swf Wertpapiermarkt (DE-588)4189708-0 gnd rswk-swf Investition (DE-588)4027556-5 gnd rswk-swf Aktienanlage (DE-588)4125483-1 s Aktienbewertung (DE-588)4000933-6 s Wertpapiermarkt (DE-588)4189708-0 s DE-604 Analyse (DE-588)4122795-5 s 1\p DE-604 Investition (DE-588)4027556-5 s 2\p DE-604 http://www.loc.gov/catdir/description/mh021/2002002669.html Publisher description HBZ Datenaustausch application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=015197252&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis 1\p cgwrk 20201028 DE-101 https://d-nb.info/provenance/plan#cgwrk 2\p cgwrk 20201028 DE-101 https://d-nb.info/provenance/plan#cgwrk |
| spellingShingle | Siegel, Jeremy J. 1945- Stocks for the long run the definitive guide to financial market returns and long-term investment strategies Geschichte Stocks Stocks -- History Rate of return Stocks -- Rate of return Analyse (DE-588)4122795-5 gnd Aktienbewertung (DE-588)4000933-6 gnd Aktienanlage (DE-588)4125483-1 gnd Wertpapiermarkt (DE-588)4189708-0 gnd Investition (DE-588)4027556-5 gnd |
| subject_GND | (DE-588)4122795-5 (DE-588)4000933-6 (DE-588)4125483-1 (DE-588)4189708-0 (DE-588)4027556-5 |
| title | Stocks for the long run the definitive guide to financial market returns and long-term investment strategies |
| title_auth | Stocks for the long run the definitive guide to financial market returns and long-term investment strategies |
| title_exact_search | Stocks for the long run the definitive guide to financial market returns and long-term investment strategies |
| title_exact_search_txtP | Stocks for the long run the definitive guide to financial market returns and long-term investment strategies |
| title_full | Stocks for the long run the definitive guide to financial market returns and long-term investment strategies Jeremy J. Siegel |
| title_fullStr | Stocks for the long run the definitive guide to financial market returns and long-term investment strategies Jeremy J. Siegel |
| title_full_unstemmed | Stocks for the long run the definitive guide to financial market returns and long-term investment strategies Jeremy J. Siegel |
| title_short | Stocks for the long run |
| title_sort | stocks for the long run the definitive guide to financial market returns and long term investment strategies |
| title_sub | the definitive guide to financial market returns and long-term investment strategies |
| topic | Geschichte Stocks Stocks -- History Rate of return Stocks -- Rate of return Analyse (DE-588)4122795-5 gnd Aktienbewertung (DE-588)4000933-6 gnd Aktienanlage (DE-588)4125483-1 gnd Wertpapiermarkt (DE-588)4189708-0 gnd Investition (DE-588)4027556-5 gnd |
| topic_facet | Geschichte Stocks Stocks -- History Rate of return Stocks -- Rate of return Analyse Aktienbewertung Aktienanlage Wertpapiermarkt Investition |
| url | http://www.loc.gov/catdir/description/mh021/2002002669.html http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=015197252&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |
| work_keys_str_mv | AT siegeljeremyj stocksforthelongrunthedefinitiveguidetofinancialmarketreturnsandlongterminvestmentstrategies |