a With 20-20 hindsight,what was the best investment for the period 1926–35?
b Why doesn’t everyone just buy small stocks as investments?
c What was the smallest return observed over the 83 years for each of these investments? Approximately when did it occur?
d About how many times did large stocks(common stocks)return more than 30 percent? How many times did they return less than –20 percent?
e What was the longest “winning streak”(years without a negative return)for large stocks? For long-term government bonds?
f How often did the T-bill portfolio have a negative return?
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