Investors have historically demanded a large premium before storing value in the stock market. "To quantify the level of risk aversion implied if these figures

Investors have historically demanded a large premium before storing value in the stock market. "To quantify the level of risk aversion implied if these figures represented the expected outperformance of equities over bonds, investors would prefer a certain payoff of $51,300 to a 50/50 bet paying either $50,000 or $100,000." https://en.wikipedia.org/wiki/Equity_premium_puzzle https://en.wikipedia.org/wiki/Equity_premium_puzzle