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CNBC: New research going back 120 years backs up Warren Buffett’s simple advice on investing


A report on investment returns co-authored by Professor Elroy Dimson, Chairman of the Centre for Endowment Asset Management at Cambridge Judge Business School, is quoted in the article. The Credit Suisse report “showed that equities have provided an annualised real return of 5.2 per cent since 1900, compared to 2.0 per cent for bonds and 0.8 per cent for Treasury bills.”

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