Customer Quote by Niall Ferguson
““It nevertheless remains true that, in most countries for which long-run data are available, stocks have out-performed bonds – by a factor of roughly five over the twentieth century.””
About This Quote
Source Book: The Ascent of Money, 2008
Historically, stocks have outperformed bonds by about five times over the 20th century in most countries with data.
In simple terms: Stocks beat bonds over long term.
Consider equities for long‑term growth.
Themes
Mood
Type
When to use this quote
- retirement planning
- wealth building
- portfolio diversification
Key Concepts
Questions to Reflect On
- Are you comfortable with the volatility of stocks?
- How does this data influence your asset allocation?
Past performance may not predict future returns.