Histograms
Long-Term Equity Performance Coming Up Short
The bull market has pushed short-term annualized performance readings well above median levels, while the longer-term readings remain subdued. But there is a silver lining…
Stock Market Performance In Perspective
The histograms in the following pages are taken from the January 1993 edition on Benchmarks.
Past Performance in Perspective
During April, the histogram featured in this section was used in presentations to the Cleveland and Denver analyst societies. It appears to have surprised some professionals, especially those who entered the investment profession during the 1980’s.
Intrinsic Value Update
We apologize for the unanticipated Benchmarks delay. In the meantime, per client requests, here are updated histograms for our primary stock market value benchmarks, including commentary. We are pleased that so many of our clients really do use this work.