Re: poly: Re: Why interest rates may stay low

From: Robin Hanson <>
Date: Thu Mar 26 1998 - 12:43:46 PST

Carl F. writes:
>The historical rate of return on stocks in the United States is not
>synonomous with the total rate of return to all investment. An investor
>looking forward from 1898 rather than back from 1998 would see a growth
>rate much less than 10% over the last hundred years.

I recall a study of all stock markets across the world over the last
century, coming up with an average return of ~1-2%. I can't find the
cite now though.

Robin Hanson
RWJF Health Policy Scholar, Sch. of Public Health 510-643-1884
140 Warren Hall, UC Berkeley, CA 94720-7360 FAX: 510-643-8614
Received on Thu Mar 26 20:48:45 1998

This archive was generated by hypermail 2.1.8 : Tue Mar 07 2006 - 14:45:30 PST