Common Stocks as Long Term Investments

by Edgar Lawrence Smith

Book Overview

Common Stocks as Long Term Investments (1924) by Edgar Lawrence Smith proved for the first time that stocks outperformed bonds in long-term stock market investments. Before Smith's work, the prevailing wisdom regarding investing stated that bonds were a safer investment. Conservative investors would allocate a large portion of their investments to bonds, relying on the annual rate of interest as a sure bet. Stocks, on the other hand, were viewed...

• Format: Paperback
• Language: English
• ISBN: 1684930952
• ISBN13: 9781684930951
• Release Date: August 2022
• Publisher: Mockingbird Press
• Length: 122 Pages
• Weight: 0.42 lbs.
• Dimensions: 0.3" x 6.0" x 9.0"