# Professor Aswath Damodaran's research on publicly traded companies is featured

1 Faculty News May 12, 2017 ![The New York Times Logo](/sites/default/files/styles/246w/public/assets/images/uat_027320.jpg?itok=W8xBr66g)>

Excerpt from [The New York Times](https://www.nytimes.com/2017/05/12/your-money/hot-stocks-can-make-you-rich-but-they-probably-wont.html?_r=0) -- "Data posted by [Aswath Damodaran](http://www.stern.nyu.edu/faculty/bio/aswath-damodaran), a New York University finance professor, for example, shows that since 1928, stocks returned about 9.5 percent, annualized, compared with only 4.9 percent for 10-year Treasury bonds and 3.5 percent for three-month Treasury bills. In that horse race, stocks won by a mile. 'Many studies have shown that stocks outperform bonds over all, and I don’t question that data at all,' he said in an interview."

[Read more](https://www.nytimes.com/2017/05/12/your-money/hot-stocks-can-make-you-rich-but-they-probably-wont.html?_r=0)