Financial Times: Beware the siren call of investment advertising

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 Financial Times. According to the Credit Suisse Global Investments Returns Yearbook 2021, investors “benefited from high returns in the 1980s and 1990s, but since then real equity returns have been below their historical averages despite a strong recovery after 2009 and successful weathering of the pandemic storm.” (subs)

Read the full article [ft.com]