“In the short run, however, stock returns are very volatile, driven by changes in earnings, interest rates, risk, and uncertainty, as well as psychological factors, such as optimism and pessimism as well as fear and greed.” — Jeremy J. Siegel Copy Share Image
“By the end of 2012, the price of gold reached $1,675 per ounce, and $1 of gold bullion purchased in 1802 was worth $86.40… — Jeremy J. Siegel Copy Share Image
“At the end of 2012, the yield on nominal bonds was about 2 percent. The only way that bonds could generate a 7.8 percent… — Jeremy J. Siegel Copy Share Image
“The S&P 500 Index originally contained exactly 425 industrial, 25 rail, and 50 utility firms, but these groupings were abandoned in 1988 in order… — Jeremy J. Siegel Copy Share Image
“Africa remains a small part of the world economy until 2070, when it begins to expand rapidly, reaching 14 percent, the same size as… — Jeremy J. Siegel Copy Share Image
“It took just over 15 years to recover the money invested at the 1929 peak, following a crash far worse than Smith had ever… — Jeremy J. Siegel Copy Share Image
“CVS Corporation, which in 1957 entered the S&P 500 Index as Melville Shoe Corp.,” — Jeremy J. Siegel Copy Share Image
“China will be the world’s largest economy when its per capita income reaches 25 percent of that of the United States, which is forecast… — Jeremy J. Siegel Copy Share Image
“There is a good reason why stocks are not reacting to Fed policy as they have in the past. Investors have become so geared… — Jeremy J. Siegel Copy Share Image
“The first actively traded U.S. stocks, floated in 1791, were issued by two banks: the Bank of New York and the Bank of the… — Jeremy J. Siegel Copy Share Image
“In 2006 the United Nations Human Development Report estimated that 2.6 billion people, or 40 percent of the world’s population, had no indoor plumbing.” — Jeremy J. Siegel Copy Share Image
“would the Volcker amendment, had it been law in 2007, have prevented the 2008 financial crisis? The financial crisis was caused by the overleveraging… — Jeremy J. Siegel Copy Share Image
“There is no question that the losing IPOs far outnumber the winners. Of the 8,606 firms examined, the returns on 6,796 of these firms,… — Jeremy J. Siegel Copy Share Image
“the economy of China will become twice the size of the U.S. economy in 2025 if both countries’ per capita income continues to grow… — Jeremy J. Siegel Copy Share Image
“The government can put dividends on the same tax basis as capital gains if the tax authorities allow investors to obtain a tax deferral… — Jeremy J. Siegel Copy Share Image
“As a result, proportional movements of high-priced stocks in the Dow averages have a much greater impact than movements of lower-priced stocks, regardless of… — Jeremy J. Siegel Copy Share Image
