The long-awaited revised edition of the classic in stock trading brings you up to date on value investing, ESG investments, and other important developments. The definitive guide to stock trading, "Stocks for the Long Run," has been providing the knowledge, insights, and tools that traders need to beat the market for nearly 30 years. This new edition thoroughly informs you about everything you need to know to achieve steady profits for yourself or your clients.

It has been updated with new chapters and content on:

• The role of value investing
• The impact of ESG (Environmental/Social/Governance) on the future of investing
• The current interest rate environment
• The future returns that investors should expect in the bond and stock markets
• The role of international investments
• The long-term risks in the stock markets
• The role of "black swans," such as a pandemic

You will also find in-depth discussions on the big questions facing investors: Are we witnessing the end of capitalism? What do global changes like climate change mean for markets worldwide?

"Stocks for the Long Run" is essential reading for any investor and advisor who wants to understand the market as a whole, including its behavior, past trends, and future influences, in order to develop a prosperous long-term portfolio that is both safe and stable.