A century ago, life expectancy was roughly 40 years, hence all income could be consumed, as for most people, there was no need to save for retirement. Today, th

Academic finance has had a remarkable impact on many financial services. Yet long-term investors have received curiously little guidance from academic financial

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 invest

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This book discusses capital markets and investment decision-making, focusing on the globalisation of the world economy. It presents empirically tested results f