Exponential Wealth: Centuries of Stock and Bond Returns

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Section 1. Overview of Stock and Bond Returns

Authors: 
Roger G. Ibbotson, PhD (Yale School of Management; Zebra Capital Management, LLC)
Laurence B. Siegel (CFA Institute Research Foundation)
Thomas M. Idzorek, CFA (Morningstar) 
James P. Harrington (Kroll) 

Section 2. The Past 100 Years in US Markets

Authors:
Roger G. Ibbotson, PhD (Yale School of Management; Zebra Capital Management, LLC)
Otto S. Manninen (Yale School of Management)
William N. Goetzmann, PhD (Yale School of Management)
James Tyler (Bridgewater Associates)  
Thomas S. Coleman, PhD (University of Chicago)
Laurence B. Siegel (CFA Institute Research Foundation)
Carla S. Nunes, CFA (Valuation Research Corporation)

Section 3. Centuries of US and Global Returns

Authors:
Edward F. McQuarrie, PhD (Santa Clara University) 
Elroy Dimson, PhD (Cambridge Judge Business School)
Paul Marsh, PhD (London Business School)
Mike Staunton, PhD (London Business School)  
William N. Goetzmann, PhD (Yale School of Management)
Fernando Reyes De La Luz (Yale School of Management)
K. Geert Rouwenhorst, PhD (Yale School of Management)  
Rajkumar Janardanan (SummerHaven Investment Management)
Xiao Qiao, PhD (City University of Hong Kong)
Tadaaki Komatsubara (Ibbotson Associates Japan, Inc.)  
Peng Chen, PhD, (Morningstar China)  
Bryan Taylor, PhD (Finaeon, Inc.) 
David Chambers, PhD (Cambridge Judge Business School) 
Antti Ilmanen, PhD (AQR Capital Management)
Paul Rintamäki (Frankfurt School of Finance and Management)

Section 4. The Future

Authors:
Thomas M. Idzorek, CFA (Morningstar)
Roger G. Ibbotson, PhD (Yale School of Management; Zebra Capital Management, LLC)
Paul D. Kaplan, PhD, CFA (Morningstar Canada) 
William N. Goetzmann, PhD (Yale School of Management)
Otto S. Manninen (Yale School of Management)

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