Foreword
Preface
Acknowledgments
Pt. 1 The Verdict of History
Ch. 1 Stock and Bond Returns Since 1802 3
Ch. 2 Risk, Return, and Portfolio Allocation 25
Ch. 3 Stock Indexes 43
Ch. 4 The Impact of Taxes on Asset Returns 57
Ch. 5 Perspectives on Stocks as Investments 71
Pt. 2 Valuation, Future Stock Returns, and Style Investing
Ch. 6 Sources and Measures of Stock Market Value 87
Ch. 7 The Great Bull Market, the New Economy, the Age Wave, and Future Stock Returns 111
Ch. 8 Large Stocks, Small Stocks, Value Stocks, Growth Stocks 131
Ch. 9 Valuation of Growth and Technology Stocks 147
Ch. 10 Global Investing 163
Pt. 3 Economic Environment of Investing
Ch. 11 Gold, the Federal Reserve, and Inflation 183
Ch. 12 Stocks and the Business Cycle 203
Ch. 13 World Events That Impact Financial Markets 215
Ch. 14 Reactions of Financial Markets to Economic Data 229
Pt. 4 Stock Fluctuations in the Short Run
Ch. 15 Spiders, Cubes, Futures, and Options 243
Ch. 16 Market Volatility 263
Ch. 17 Technical Analysis and Investing with the Trend 283
Ch. 18 Calendar Anomalies 299
Ch. 19 Behavioral Finance and the Psychology of Investing 315
Pt. 5 Building Wealth Through Stocks
Ch. 20 Fund Performance, Indexing, and Beating the Market 341
Ch. 21 Structuring a Portfolio for Long-Term Growth 359
Index 371