Siegel and Schwartz on Stocks for the Long Run
Masters in Business
00:00
The Growth Spots of Over-Evaluation Through History
Investors get over-enthusiastic about a group of stocks that have been growing fast and then inevitably over-price them. In the post-World War II period, they come about every 25 years,. The Nifty 50s was a period where institutions, pension funds bought just growth stocks.
Play episode from 29:19
Transcript
