{"title":"Mike Staunton","description":"\u003cp\u003eWelcome to our Mike Staunton collection, where the intriguing worlds of finance and investment come to life. Mike Staunton is a renowned author and a respected figure in the financial landscape, celebrated for his insightful analysis and thorough research.\u003c\/p\u003e\n\n\u003cp\u003eStaunton, along with his co-authors, has made substantial contributions to understanding financial markets. One of his acclaimed works, \u003cem\u003eTriumph of the Optimists\u003c\/em\u003e, offers a comprehensive examination of stock markets across the globe. This notable book provides readers with a historical perspective on investment returns, revealing patterns that are both engaging and enlightening for investors and enthusiasts alike.\u003c\/p\u003e\n\n\u003cp\u003eStaunton's writings combine deep academic research with accessible, often conversational prose, making complex financial concepts understandable to a wide range of readers. Whether you are a seasoned investor, a student, or someone curious about the intricacies of the financial world, Mike Staunton's works serve as a valuable resource for learning and inspiration.\u003c\/p\u003e\n\n\u003cp\u003eDive into this collection to explore the strategic insights and historical data that define Staunton's contributions to finance and investment literature. His books not only educate but also kindle a passion for exploring the dynamic and often unpredictable world of finance.\u003c\/p\u003e","products":[{"product_id":"triumph-of-the-optimists-by-elroy-dimson-9780691091945","title":"Triumph of the Optimists","description":"\u003cdiv class=\"book-description\"\u003e\n\u003cp\u003eInvestors have too often extrapolated from recent experience. In the 1950s, who but the most rampant optimist would have dreamed that over the next fifty years the real return on equities would be 9 percent per year? Yet this is what happened in the U.S. stock market. The optimists triumphed. However, as Don Marquis observed, an optimist is someone who never had much experience.\u003c\/p\u003e\n\n\u003cp\u003eThe authors of \u003cem\u003eTriumph of the Optimists\u003c\/em\u003e extend our experience across regions and across time. They present a comprehensive and consistent analysis of investment returns for equities, bonds, bills, currencies, and inflation spanning sixteen countries from the end of the nineteenth century to the beginning of the twenty-first. This is achieved in a clear and simple way, with over 130 color diagrams that make comparison easy. Crucially, the authors analyze total returns, including reinvested income.\u003c\/p\u003e\n\n\u003cp\u003eThey show that some historical indexes overstate long-term performance because they are contaminated by survivorship bias and that long-term stock returns are in most countries seriously overestimated, because of a focus on periods that with hindsight are known to have been successful.\u003c\/p\u003e\n\n\u003cp\u003eThe book also provides the first comprehensive evidence on the long-term equity risk premium - the reward for bearing the risk of common stocks. The authors reveal whether the United States and United Kingdom have had unusually high stock market returns compared to other countries.\u003c\/p\u003e\n\n\u003cp\u003eThe book covers the United States, the United Kingdom, Japan, France, Germany, Canada, Italy, Spain, Switzerland, Australia, The Netherlands, Sweden, Belgium, Ireland, Denmark, and South Africa.\u003c\/p\u003e\n\n\u003cp\u003e\u003cem\u003eTriumph of the Optimists\u003c\/em\u003e is required reading for investment professionals, financial economists, and investors. It will be the definitive reference in the field and consulted for years to come.\u003c\/p\u003e\n\u003c\/div\u003e","brand":"NewSouth Books","offers":[{"title":"Default Title","offer_id":46714960052460,"sku":"9780691091945","price":374.0,"currency_code":"NZD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0705\/7784\/8556\/files\/906593482434.jpg?v=1754377741"}],"url":"https:\/\/bookhero.co.nz\/collections\/mike-staunton.oembed","provider":"Book Hero","version":"1.0","type":"link"}