ThreeBears_DallE_Jon_12Apr2026_InsideCropped_Text_200by188_DVR
ContactBlackOnWhiteContactBlackOnWhite
SiteMapBlackOnWhite
TIA_Apr_1986
[long_equity_returns] [original_papers] [investment_analyst] [TIA_Apr_1986]

The main points covered in this article comprise:

  1. results presented with data for 26 funds over 1979-1984
  2. worth dampening unrealistic expectations
  3. sharp short-term fluctuations avoided
  4. trustees not unduly constrained by short-term results

download original paper