Product Description

SELECTED BY BUSINESSWEEK IN 2006 AS A “MUST READ” FOR INVESTORS

The blockbuster guide to high-return, low-risk stocks-now updated to cover global stocks and ETFs

One of the seminal investing books of the modern era, Stocks for the Long Run has sold more than 300,000 copies in its first three editions. Now this bible for long-term stock market investing has been completely updated and revised to address the global economy and the very latest developments in indexing.

Economic and financial markets expert Jeremy Siegel examines the relationship between the economy and stock prices, updates performance data on domestic and global stock markets, reveals the characteristics of the best long-term stocks, and offers specific instructions on constructing a well-diversified portfolio that will make you a better, smarter investor.

“One of the best introductions to the pluses and minuses of investing in stocks over long periods.”-BusinessWeek

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Product Details

• Amazon Sales Rank: #29909 in Books
• Published on: 2008-01-01
• Original language: English
• Number of items: 1
• Binding: Hardcover
• 436 pages

From the Back Cover

For more than a decade, Stocks for the Long Run has been the authoritative guide to understanding market forces and building a successful portfolio. In this new fourth edition, Jeremy Siegel updates his argument for long-term stock market investment with: comparisons of ETFs, mutual funds, and index options and futures; evidence that the rapid growth of emerging markets will not only continue but may accelerate; insight into the benefits of fundamental indexation over market value indexation; an updated look at the surprising validity of Calendar Effects; and fresh analysis of the best-performing stocks since the formulation of the S&P 500 Index.

Praise for previous editions of STOCKS FOR THE LONG RUN

"One of the ten best investment books of all time."
--The Washington Post

“A simply great book.”
--Forbes

“One of the top ten business books of the year.”
--BusinessWeek

“Should command a central place on the desk of any 'amateur' investor or beginning professional.”
--Barron's

“Siegel's case for stocks is unbridled and compelling.”
--USA Today

“A clearly written, neatly organized, highly persuasive exposition that lifts the veil of mystery from investing.”
--John C. Bogle, Founder and former Chairman, The Vanguard Group

About the Author

Jeremy J. Siegel is the Russell E. Palmer Professor of Finance at The Wharton School of the University of Pennsylvania, the academic director of the Securities Industry Institute, and a senior investment strategy advisor to WisdomTree Investments, which creates and markets exchange-traded funds.

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Customer Reviews

Is a weak dollar really bad for stocks?
The author of this book argues that stocks are the best investment vehicles for the long-term. He supports his point by providing a graph that shows the performance of different investment vehicles from 1801 to 2006. The vehicles being compared are stocks, bonds, bills, gold, and the dollar. One dollar invested in stocks in 1801 would grow to $755,163 by 2006. This is significantly more than $1,083 for bonds, $301 for bills, $1.95 for gold, and $0.06 for the dollar.

While this study proves that stocks outperform all other investment alternatives, readers should notice that stocks performed well even though the dollar lost more than 90%. Why is this important? Have you ever heard the media trying to make us believe that weak dollar is bad for stocks? This study shows how the media is completely wrong.

- Mariusz Skonieczny, author of Why Are We So Clueless about the Stock Market? Learn how to invest your money, how to pick stocks, and how to make money in the stock market