FOREWORD THE IBBOTSON-SINQUEFIELD AND JEREMY SIEGEL STUDIES The quest to understand how different asset classes have performed over time, and what that means for the future, was powerfully advanced by Roger Ibbotson and Rex Sinquefield’s twin 1976 papers on “Stocks, Bonds, Bills, and Inflation.” The first paper was a reconstruction of historical returns on those asset classes starting in 1926, …
