A book co-authored by Professor Elroy Dimson, Chairman of the Centre for Endowment Asset Management at Cambridge Judge Business School, is cited in the article. The book entitled Triumph of the Optimists: 101 Years of Global Investment Returns was released in 2002.
“As we have seen in the early years of the 21st Century, investment in equities will remain risky. This is because business itself is risky, and because the years ahead will bring new forms of disorder and volatility,” co-authors write. (subs)
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