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Financial Times: Pessimists in the ascendancy

An investment book titled “Triumph of the Optimists” co-authored by Professor Elroy Dimson, Chairman of the Newton Centre for Endowment Asset Management at Cambridge Judge Business School, is a “huge work of financial history, covering the world’s stock market returns in the twentieth century”, writes John Authers in the FT. (subs)

Read the full article [ft.com]