Wealthtrack: Pastor – stocks not necessarily best long-term bet
This week on Wealthtrack, Consuelo Mack talks to a financial thought leader who is challenging a bedrock principle of investing. Award-winning University of Chicago finance professor, Lubos Pastor explains why stocks are not necessarily best for the long run. Needless to say, his research conclusions are quite different from Jeremy Siegel’s classic study, classic study, “Stocks for the long run”.
Source: Wealthtrack, May 27, 2011.
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