Wharton professor Jeremy J. Siegel’s classic text belongs in the hands of any diligent investor. From a practical perspective, his book covers every serious event and variable that could affect a diversified portfolio over the course of many decades. As the market proves daily, investing is complex because all types of news and events – as well as human behaviors – influence investment returns. In more than 400 information-packed pages, Siegel’s revised fifth edition of his classic text helps you better understand this complicated socioeconomic system and shows how that knowledge can improve your finances. While never giving investment advice, getAbstract recommends this best-selling guide to both new and seasoned investors.
In this summary, you will learn
- How stock markets perform in the short and long terms,
- What led to the 2008 recession, and
- What factors determine long-term investing success.
About the Author
Jeremy J. Siegel is a finance professor at the University of Pennsylvania’s Wharton School and a senior adviser at WisdomTree Investments.