Contrary to Robert Shiller's Predictions, Stock Market Investors Made Much Money in the Past Decade: What Does This Tell Us?

DeLong J. Bradford and Magin Konstantin

The Economists' Voice, 2006, vol. 3, issue 7, 5

Abstract: Bradford Delong and Konstantin Magin remind us that a decade ago, many thought the stock market overvalued, and yet on balance the last decade has been good for investors who bought and held. What does this tell us?

Date: 2006
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DOI: 10.2202/1553-3832.1169

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