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Product Description
Probable Outcomes (9781879384828): Ed Easterling: Books. Ed Easterling has hit another home run! Probable Outcomes is a brilliant follow-on to Unexpected Returns and masterfully explains, in an understandable way, the most likely directions for the stock market over the next decade. This essential resource prepares investors to succeed in volatile and challenging times. You will profit from the many valuable insights that are much more effective than hope.Source: John Mauldin, President, Millennium Wave Investments; Author of The Endgame and Bull’s Eye InvestingProbable Outcomes makes a strong case that the stock market over the coming decade at best will deliver only average returns to buy-and-hold investors. Once again, as in his splendid earlier book, Unexpected Returns, Ed Easterling tells investors not what they would like to hear, but instead what they need to know.Source: Richard Sylla, Henry Kaufman Professor of the History of Financial Institutions and Markets, Stern School of Business; coauthor of A History of Interest RatesEasterling has done it again. In an investing world obsessed with short-termism, Ed reminds us that the long-term matters, and that investors can prosper – handsomely – by recognizing that valuation and long-term secular trends have an immense impact on our own long-term investment success. Swimming against the current is for heroes and idiots, not for sensible mortals.Source: Rob Arnott, Chairman & Founder, Research Affiliates, LLC; Former Editor, Financial Analysts JournalEvery captain needs a good navigator. Now investors can have Ed’s market insights helping them navigate the market’s tricky waters. In Probable Outcomes, Ed sets different courses depending on your view of inflation, the economy, and market valuations, helping you select the best investments for your course. For stock pickers wanting to understand the market environment, Probable Outcomes should never be far from reach.Source: David Meier, Senior Analyst and Writer, The Motley FoolAs a practitioner and a teacher of finance and economics, I am captivated with Easterling's insights and quantification of the important and critical role of price stability in producing superior investment returns.Source: Harvey Rosenblum, Executive Vice President and Director of Research, Federal Reserve Bank of Dallas; Adjunct Professor of Finance, Southern Methodist University
Shipping Weight: 2 pounds
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