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1 January 2004 Financial Analysts Journal Volume 60, Issue 1

Irrational Optimism

Elroy Dimson, PhD, FSIP, Paul Marsh, and Mike Staunton

Investors who assume stocks will give safe, favorable returns in the long run are suffering from irrational optimism.

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Publisher Information
Association for Investment Management and Research 11 pages doi.org/10.2469/faj.v60.n1.2589 ISSN/ISBN: 0015-198X