Contrary to Robert Shiller's Predictions, Stock Market Investors Made Much Money in the Past Decade: What Does This Tell Us?

Bradford Delong and Konstantin Magin remind us that a decade ago, many thought the stock market overvalued, and yet on balance the last decade has been good for investors who bought and held. What does this tell us?

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Year of publication:	2006
Authors:	DeLong, J. Bradford ; Magin, Konstantin
Published in:	The Economists' Voice. - De Gruyter, ISSN 1553-3832, ZDB-ID 2162320-X. - Vol. 3.2006, 7
Publisher:	De Gruyter

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Type of publication:	Article
Type of publication (narrower categories):	research-article
Language:	English
Other identifiers:	10.2202/1553-3832.1169 [DOI]
Source:	Other ZBW resources

Persistent link: https://www.econbiz.de/10014591543