@article {Fisher17, author = {Kenneth L. Fisher and Meir Statman}, title = {Bubble Expectations}, volume = {5}, number = {2}, pages = {17--22}, year = {2002}, doi = {10.3905/jwm.2002.320440}, publisher = {Institutional Investor Journals Umbrella}, abstract = {Individual investors form their expectations as if a time of a bubble is a good time to invest. Almost half of the individual investors polled by Gallup in the late 1990s thought that the stock market was in a bubble, but almost three-quarters thought that it was a good time to invest. By September 2001, fewer investors thought that the stock market was in a bubble, and fewer thought that it was a good time to invest. The mean stock market return expected during the 12 months following September 2001 declined to 6.3\%, less than half its late 1990s level, but investors were more optimistic about stock market returns over the long term and the returns of their own portfolios.}, issn = {1534-7524}, URL = {https://jwm.pm-research.com/content/5/2/17}, eprint = {https://jwm.pm-research.com/content/5/2/17.full.pdf}, journal = {The Journal of Wealth Management} }