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Triumph of the optimists Elroy Dimson, Mike Staunton, Paul Marsh
Publisher: PUP

The top 25% of countries sorted on yield outperform the bottom 25% by about 4% per annum, rebalanced yearly (all in USD). If you want some useful data consult “Triumph of the Optimists” by Dimson, Marsh and Staunton which supplies not only nominal but also real returns on investment for the whole of the twentieth century. How were 50,000 Bulgarian Jews saved from the Holocaust despite the intense efforts of their government to deport them? This work was inspired by the work of Dimson, Marsh and Staunton from Triumph of the Optimists. Thanks to Doug for posting the link to Global Investment Returns Yearbook synopsis by the authors of Triumph of the Optimists. The most recent update to “Triumph of the Optimists” shows that three very well-known “systems” for investing continue to perform extremely well, despite near-universal awareness. Unfortunately, as Elroy Dimson points out in Triumph of the Optimists: “While a country has only one past, there are many possible futures. The likely rewards from equity investment are worth having over the very long haul. In its sparse simplicity my spring garden can not rival the sumptuous drifts of spring flowers of more southerly gardens but for me every flower is a triumph of hope over adversity. It's from a 2002 book called Triumph of the Optimists by Elroy Dimson, Paul Marsh and Mike Stanton of the London Business School. The Optimists The inspiring story of the Bulgarian Jews and how friendship helped them survive is returning to LAEMMLE THEATER, Town Center 5, Encino for one week only: November 30- December 6, 2012. And Japan are the obvious winners. To illustrate this point, here is a great pie chart from Investopedia, taken from the book Triumph of the Optimists: 101 Years of Global Investment Returns: The U.S. As a book title says, it's the Triumph of the Optimists. By the storms they are amazingly resilient. The Optimists tells “This film teaches how commitment to justice and respect for others can triumph over oppression.