Background
Siegel, Jeremy James was born on November 14, 1945 in Chicago, Illinois, United States. Son of Bernard G. and Gertrude (Levite) Siegel.
( The stock-investing classic--UPDATED TO HELP YOU WIN IN ...)
The stock-investing classic--UPDATED TO HELP YOU WIN IN TODAY'S CHAOTIC GLOBAL ECONOMY Much has changed since the last edition of Stocks for the Long Run. The financial crisis, the deepest bear market since the Great Depression, and the continued growth of the emerging markets are just some of the contingencies directly affecting every portfolio in the world. To help you navigate markets and make the best investment decisions, Jeremy Siegel has updated his bestselling guide to stock market investing. This new edition of Stocks for the Long Run answers all the important questions of today: How did the crisis alter the fi nancial markets and the future of stock returns? What are the sources of long-term economic growth? How does the Fed really impact investing decisions? Should you hedge against currency instability? Stocks for the Long Run, Fifth Edition, includes brand-new coverage of: THE FINANCIAL CRISIS Siegel provides an expert’s analysis of the most important factors behind the crisis; the state of current stability/instability of the financial system and where the stock market fits in; and the viability of value investing as a long-term strategy. CHINA AND INDIA The economies of these nations are more than one-third larger than they were before the 2008 financial crisis; you'll get the information you need to earn long-term profits in this new environment. GLOBAL MARKETS Learn all there is to know about the nature, size, and role of diversifi cation in today’s global economy; Siegel extends his projections of the global economy until the end of this century. MARKET VALUATION Can stocks still provide 6 to 7 percent per year after inflation? This edition forecasts future stock returns and shows how to determine whether the market is overvalued or not. Essential reading for every investor and advisor who wants to fully understand the forces that move today's markets, Stocks for the Long Run provides the most complete summary available of historical trends that will help you develop a sound and profitable long-term portfolio. PRAISE FOR STOCKS FOR THE LONG RUN: “Jeremy Siegel is one of the great ones.” ―JIM CRAMER, CNBC’s Mad Money “[Jeremy Siegel’s] contributions to finance and investing are of such signifi cance as to change the direction of the profession.” ―THE FINANCIAL ANALYST INSTITUTE “A simply great book.” ―FORBES “One of the top ten business books of the year.” ―BUSINESSWEEK “Should command a central place on the desk of any ‘amateur’ investor or beginning professional.” ―BARRON’S “Siegel’s case for stocks is unbridled and compelling.” ―USA TODAY “A clearly written, neatly organized, highly persuasive exposition that lifts the veil of mystery from investing.” ―JOHN C. BOGLE, founder and former Chairman, The Vanguard Group "A book that all investors―nervous Nellies in particular―should read." ―Investing.com
http://www.amazon.com/gp/product/0071800514/?tag=2022091-20
( Stocks for the Long Run set a precedent as the most com...)
Stocks for the Long Run set a precedent as the most complete and irrefutable case for stock market investment ever written. Now, this bible for long-term investing continues its tradition with a fourth edition featuring updated, revised, and new material that will keep you competitive in the global market and up-to-date on the latest index instruments. Wharton School professor Jeremy Siegel provides a potent mix of new evidence, research, and analysis supporting his key strategies for amassing a solid portfolio with enhanced returns and reduced risk. In a seamless narrative that incorporates the historical record of the markets with the realities of today's investing environment, the fourth edition features: • A new chapter on globalization that documents how the emerging world will soon overtake the developed world and how it impacts the global economy • An extended chapter on indexing that includes fundamentally weighted indexes, which have historically offered better returns and lower volatility than their capitalization-weighted counterparts • Insightful analysis on what moves the market and how little we know about the sources of big market changes • A sobering look at behavioral finance and the psychological factors that can lead investors to make irrational investment decisions A major highlight of this new edition of Stocks for the Long Run is the chapter on global investing. With the U.S. stock market currently holding less than half of the world's equity capitalization, it's important for investors to diversify abroad. This updated edition shows you how to create an “efficient portfolio” that best balances asset allocation in domestic and foreign markets and provides thorough coverage on sector allocation across the globe. Stocks for the Long Run is essential reading for every investor and advisor who wants to fully understand the market-including its behavior, past trends, and future influences-in order to develop a prosperous long-term portfolio that is both safe and secure.
http://www.amazon.com/gp/product/0071494707/?tag=2022091-20
(New kinds of trading in stock indexes, futures and option...)
New kinds of trading in stock indexes, futures and options, and new markets threaten to make the New York Stock Exchange obsolete. Drawing upon access to the Exchange's archives, as well as on academic reasearch, this book explains how the Exchange lost its near monopoly on the securities market largely, the authors suggest, through its own shortsightedness. It shows how the Exchange misjudged the factors, such as the growth of institutional investing and computerized trading, that made it less attractive to investors. The result is a cautionary tale of how Wall Street sacrificed long-term growth for short-term profits.
http://www.amazon.com/gp/product/0393035263/?tag=2022091-20
(Stocks for the Long Run 5/E: The Definitive Guide to Fina...)
Stocks for the Long Run 5/E: The Definitive Guide to Financial Market Returns & Long-Term Investment Strategies...
http://www.amazon.com/gp/product/B00IGYOBNY/?tag=2022091-20
Siegel, Jeremy James was born on November 14, 1945 in Chicago, Illinois, United States. Son of Bernard G. and Gertrude (Levite) Siegel.
Bachelor of Arts (Mathematics Economics) Columbia University 1967. Doctor of Philosophy Massachusetts Institute of Technology, Cambridge, Mass., USA, 1971.
Assistant professor business economics Graduate School Business University Chicago, 1972-1976. Associate professor finance Wharton School Business University Pennsylvania, Philadelphia, 1976—1986, professor finance Wharton School Business, 1986—1998, Russell E. Palmer Professor Finance Wharton School Business, since 1998. Macroecons. coordinator The Morgan Bank, (Now J.P. Morgan) New York City, 1984-1999.
Academy director Securities Industry Institute, since 1987. Senior investment strategy advisory Wisdom Tree Inc., since 2004.
Phi Beta Kappa, Columbia College, 1967. Woodrow Wilson National Fellow, 1967-1968. National Science Foundation, USA Graduate Fellow, 1967-1971.
National Science Foundation, USA Post-doctoral Fellow, 1971-1972.
( The stock-investing classic--UPDATED TO HELP YOU WIN IN ...)
(New kinds of trading in stock indexes, futures and option...)
( Stocks for the Long Run set a precedent as the most com...)
(Stocks for the Long Run 5/E: The Definitive Guide to Fina...)
Author: Revolution on Wall Street, 1993, Stocks for the Long Run: The Definitive Guide to Financial Market Returns and Long-Term Investment Strategies, 1994, 98, 02, 08, The Future for Investors: Why the Tried and the True Triumph Over the Bold and the New, 2005. Contributor numerous articles to professional journals.
My early work concentrated on the effect of inflation on the macroeconomy, particularly such issues as the stability of an inflationary equilibrium (the subject of my Doctor of Philosophy thesis), the efficiency of the inflation tax, and the distortions caused by inflation in national income statistics. During this period I analysed, with Robert Shiller, the Gibson paradox, or the long-term historical correlation of the price level and the nominal rate of interest. Our econometric techniques rejected the Irving Fisher hypothesis, which maintained that movements in long-term interest rates are primarily due to inflationary expectations.
My interest in monetary policy led to the development, with Anthony Santomero, of a general equilibrium model in which to analyse banking regulation. This model enabled us to analyse the effects of deposit rate and reserve regulation on the stability of prices and interest rates. In a later paper, I determined that the reserve ratio on transactions deposits which minimises the variability of the price level is below the level set by the Monetary Control Act of 1980.
Presently my research concentrates on the nature of optimal monetary policy and the informational value of nominal monetary aggregates.
In response to the prevailing beliefs that an optimal stabilising policy requires too much knowledge about the structure of the economy, I developed a simple criterion by which the monetary authority can control money so as to minimise the variance of unanticipated price level and output changes. I also show that the nominal money supply may reveal sufficient information so that monetary policy has no influence on the dispersion of economic agents’ estimates
of the price level. My most recent research demonstrates that the correlation between interest-rate movements and money-supply announcements may not be caused by monetary policy but instead reflects the correlation of both variables with real output.
Married Ellen Ruth Schwartz, January 14, 1980. Children: Andrew M., Jeffrey Eric.