Investors with longer time horizons can commit without great anxiety to investments that appear to be risky, but that will most likely produce the highest long run rate of return.
Frontier Capital – The Importance of Time Horizon
Frontier’s CEO Mike Azlen highlights the importance of investment time horizon in relation to the MAP fund asset classes.
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Letter to Investors: December 2008
Recommended Reading:
Credit Suisse Global Investment Returns Yearbook 2010 by Elroy Dimson, Paul Marsh, Mike Staunton and Jonathan J. Wilmot
The Yearbook is an annual publication from London Business School offering more than 100 years of data on financial market returns. In addition to updated country profile, this year’s publication considers the return and risk levels investors can expect from emerging markets as well as a look at the relationship between stock returns and economic growth.
Available for download from the Credit Suisse Publication shop