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Evidence Investor: Elroy Dimson on the most important lesson from market history

Professor Elroy Dimson, Chairman of the Centre for Endowment Asset Management (CEAM) at Cambridge Judge, discusses what investors can learn from stock market history and shares his insights on long-term interest rates. “The importance of diversification is clear within markets, but across markets it is also worthwhile. And it’s easier today than it was 100 years ago to invest internationally,” he says.

Read the full article [evidenceinvestor.com]