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What is Bessembinder: Stocks vs. Treasury Bills about?

- The top 20 wealth creators in the U.S. stock market from 1926 to 2017 accounted for over $5 trillion in wealth. Apple, Microsoft, and Amazon were three of the top wealth generating stocks. - A finance professor studied lifetime returns on every U.S. stock traded since 1926 and found that only 30 stocks accounted for one-third of the total wealth generated by the stock market in that period. - The professor originally set out to study whether stocks outperformed Treasury bills but discovered that stock

Author

Vicente DB

Language

EN