ThreeBearsBalanced11Feb2018_UseEvenSmaller-Edited
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TIA_Apr_1986
[long_equity_returns] [original_papers] [investment_analyst] [TIA_Apr_1986]

The main points covered in this article comprise:

1.  results presented with data for 26 funds over 1979-1984
2.  worth dampening unrealistic expectations
3.  sharp short-term fluctuations avoided
4.  trustees not unduly constrained by short-term results