Triumph Of The Optimists: 101 Years Of Global I... Review

The authors reconstructed total return indices—including reinvested dividends—for 16 countries across four continents.

(2002), by Elroy Dimson, Paul Marsh, and Mike Staunton, is a seminal study of financial market performance from 1900 to 2000. It is widely considered the definitive empirical basis for understanding long-term global capital markets. Core Thesis Triumph of the Optimists: 101 Years of Global I...

The book’s central argument is that "risk-takers who optimistically invested in equities were the group who triumphed" over the long term, despite a century of world wars, depressions, and crises. Key Findings & Global Audit by Elroy Dimson