Words similar to thaler
Example sentences for: thaler
How can you use “thaler” in a sentence? Here are some example sentences to help you improve your vocabulary:
The word dollar was used in 17th-century England to refer to the thaler and became the official name of the United States monetary unit by an Act of the Continental Congress, on July 6, 1785.
Another example that Thaler and Siegel use is particularly attention-getting: If you had bought $1,000 worth of Treasury bills in 1925 (because you were worried that the stock market was considered too high and too speculative), and held them until the end of 1995, you would have $12,720.
But what Siegel and Thaler ask--and what many of us investors have long asked--are two key questions: 1) Why is the risk premium as high as it is?
Birr (Ethiopia) means `silver' and was the name used beginning in the 18th century to designate the Maria Theresa thaler, an Austrian coin which circulated in countries around the Red Sea.
As to the first, Siegel and Thaler use a series of complex equations and models to find (as have other academics whom they cite) that the risk premium over the past two centuries has been almost insanely high.
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