Returns

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Dividend Discount Model (FPA 2020)

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Valuation Spreads (Empirical Data from NBER 1952-2020)

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Correlation of Starting Yield to Total Return (Bloomberg Data 1996-2020)

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Price is What You Pay, Value is What You Get (Bloomberg Data 2020)

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Price/Sales: S&P 500 Growth Index vs. S&P Value Index (Bloomberg Data 2020)

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Annualized performance by economic cycle (Bloomberg Data 1980-2021)

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Annual returns by asset class from the highest to the lowest (Vanguard 1997-2019)

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Liquid Private Equity Alternatives (Cambridge Associates 1988-2018)

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