Stocks for the Long Run, 4th Edition：The Definitive Guide to Financial Market Returns & Long Term Investment Strategies, 4th Edition

StocksfortheLongRunsetaprecedentasthemostcompleteandirrefutablecaseforstockmarketinvestmenteverwritten.Now,thisbibleforlong-terminvestingcontinuesitstraditionwithafourtheditionfeaturingupdated,revised,andnewmaterialthatwillkeepyoucompetitiveintheglobalmarketandup-to-dateonthelatestindexinstruments.WhartonSchoolprofessorJeremySiegelprovidesapotentmixofnewevidence,research,andanalysissupportinghiskeystrategiesforamassingasolidportfoliowithenhancedreturnsandreducedrisk.Inaseamlessnarrativethatincorporatesthehistoricalrecordofthemarketswiththerealitiesoftoday'sinvestingenvironment,thefourtheditionfeatures:AnewchapteronglobalizationthatdocumentshowtheemergingworldwillsoonovertakethedevelopedworldandhowitimpactstheglobaleconomyAnextendedchapteronindexingthatincludesfundamentallyweightedindexes,whichhavehistoricallyofferedbetterreturnsandlowervolatilitythantheircapitalization-weightedcounterpartsInsightfulanalysisonwhatmovesthemarketandhowlittleweknowaboutthesourcesofbigmarketchangesAsoberinglookatbehavioralfinanceandthepsychologicalfactorsthatcanleadinvestorstomakeirrationalinvestmentdecisionsAmajorhighlightofthisneweditionofStocksfortheLongRunisthechapteronglobalinvesting.WiththeU.S.stockmarketcurrentlyholdinglessthanhalfoftheworld'sequitycapitalization,it'simportantforinvestorstodiversifyabroad.Thisupdatededitionshowsyouhowtocreatean“efficientportfolio”thatbestbalancesassetallocationindomesticandforeignmarketsandprovidesthoroughcoverageonsectorallocationacrosstheglobe.StocksfortheLongRunisessentialreadingforeveryinvestorandadvisorwhowantstofullyunderstandthemarket-includingitsbehavior,pasttrends,andfutureinfluences-inordertodevelopaprosperouslong-termportfoliothatisbothsafeandsecure.