08.23.2022 - Stocks
Stocks for the Long Run? Sometimes Yes. Sometimes No.
Presented by Edward F. McQuarrie, Leavey School of Business at Santa Clara University
When Jeremy Siegel published his Stocks for the Long Run thesis, little information was available on stocks before 1871 or bonds before 1926. And most of his key sources were published over 80 years ago. But today, digital archives have made it possible to compute real total return on stock and bond indexes back to 1793.
Professor Edward McQuarrie takes a fascinating look at look at the new market history and how it compares to Siegel’s narrative.
Attendees Comments:
A few comments from listeners:
Helped me focus on specific time frames to evaluate real returns of bonds vs stocks
- Scott C.
New way to look at historical returns, appreciate the new perspective. Enjoyed Prof. McQuarrie's presentation and presentation style. Thanks!!
- Patrick E.
Well, my gut and our experience of market returns since 2000 kind of indicated to me that Siegel's conclusion could lead one to allocate too much to stocks over time. It was helpful to see data and interpretation from Prof McQuarrie that back this up.
- Michael D.
Stocks over the long-term still relevant, but not as rosy as one would think.
- Rick F.
Helped me focus on specific time frames to evaluate real returns of bonds vs stocks
- Scott C.
New way to look at historical returns, appreciate the new perspective. Enjoyed Prof. McQuarrie's presentation and presentation style. Thanks!!
- Patrick E.
Well, my gut and our experience of market returns since 2000 kind of indicated to me that Siegel's conclusion could lead one to allocate too much to stocks over time. It was helpful to see data and interpretation from Prof McQuarrie that back this up.
- Michael D.
Stocks over the long-term still relevant, but not as rosy as one would think.
- Rick F.
Helped me focus on specific time frames to evaluate real returns of bonds vs stocks
- Scott C.
New way to look at historical returns, appreciate the new perspective. Enjoyed Prof. McQuarrie's presentation and presentation style. Thanks!!
- Patrick E.
Well, my gut and our experience of market returns since 2000 kind of indicated to me that Siegel's conclusion could lead one to allocate too much to stocks over time. It was helpful to see data and interpretation from Prof McQuarrie that back this up.
- Michael D.
Stocks over the long-term still relevant, but not as rosy as one would think.
- Rick F.