O'Reilly logo

Fear and Greed: Investment risks and opportunities in a turbulent world by Nicolas Sarkis

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

Chapter 1: A Lost Era in Equities

Following a century to remember, the stock market has suffered more than a period – of longer than a decade – that many investors would rather forget. Equities were the best performing asset class across much of the globe between 1900 and 2000, despite some spectacular upsets along the way. Since the dawn of the new millennium, however, shares in the developed world have delivered decidedly disappointing returns, inferior to those on most of the main rival asset classes.

A holding of worldwide shares worth $1 at the start of the 20th century would have grown to be worth $7,632 by the end of it. By comparison, $1 in worldwide bonds would have turned into just $75, while $1 of cash invested safely would have ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required