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The average yearly return on large stocks since 1926 has been 10 percent. Assume you just got back from 10 years off the grid. That
The average yearly return on large stocks since 1926 has been 10 percent. Assume you just got back from 10 years off the grid. That is, you have not heard any financial news. What will be your best guess for large stock returns in 2022? Now say that you are taking an online class in security analysis and portfolio theory. What is your best guess as to what the return on large stocks will be in 2022? Why? Why will you almost certainly be wrong?
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