Customer Quote by Jeremy J. Siegel
““It took just over 15 years to recover the money invested at the 1929 peak, following a crash far worse than Smith had ever examined. And since World War II, the recovery period for stocks has been even better. Even including the recent financial crisis, which saw the worst bear market since the 1930s, the longest it has ever taken an investor to recover an original investment in the stock market (including reinvested dividends) was the five-year, eight-month period from August 2000 through April 2006.””
About This Quote
Source Book: Stocks for the Long Run, Jeremy J. Siegel, 1994
Long‑term equity investments recover losses over many years; modern recoveries are faster than early 20th‑century crashes.
In simple terms: Stocks eventually bounce back, but it can take years.
Key Takeaway
Invest with patience and a long horizon.
Themes
investing
market cycles
patience
Mood
cautious
analytical
Type
financial
educational
When to use this quote
- retirement planning
- portfolio diversification
- financial education
Key Concepts
compound interest
historical analysis
risk tolerance
Questions to Reflect On
- How does your investment horizon affect risk tolerance?
- What strategies can shorten recovery time?
A Different Perspective
Recovery speed varies with economic conditions and asset allocation.
