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Freebie Kindle Book - Rethinking the Equity Risk Premium

SnowMan
Posts: 3,739 Forumite


Rethinking the Equity Risk Premium is an e-book (for the kindle) available for free download via amazon.
The equity risk premium is broadly speaking the extra return investors expect by investing in equities rather than in less 'risky' assets such as bonds.
In the book are a series of academic type papers discussing the equity risk premium and related issues such as the real returns on equities and bonds. There is a US bias there but that isn't a problem.
I've downloaded it and it is an excellent read so far (I'm only a quarter of the way through). It is a series of academic type papers so can be hard going at times.
One particularly interesting paper for example called 'Equity Premiums around the World' compares historic returns and equity premiums in different stock markets around the world. It has a very clear explanation of measuring returns in the local currency and in a common 'world currency'.
If you've got a kindle worth the download to see if the read is for you.
The equity risk premium is broadly speaking the extra return investors expect by investing in equities rather than in less 'risky' assets such as bonds.
In the book are a series of academic type papers discussing the equity risk premium and related issues such as the real returns on equities and bonds. There is a US bias there but that isn't a problem.
I've downloaded it and it is an excellent read so far (I'm only a quarter of the way through). It is a series of academic type papers so can be hard going at times.
One particularly interesting paper for example called 'Equity Premiums around the World' compares historic returns and equity premiums in different stock markets around the world. It has a very clear explanation of measuring returns in the local currency and in a common 'world currency'.
If you've got a kindle worth the download to see if the read is for you.
I came, I saw, I melted
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