Since publishing “Stocks for the Long Run,” Jeremy Siegel has argued that equities make the best long-term investment. However, Edward McQuarrie’s recent paper challenges the long-held belief based on recent data. This video features McQuarrie, Siegel, Rob Arnott, Roger Ibbotson, Elroy Dimson, and Laurence Siegel in a debate over stocks versus bonds and McQuarrie’s new research.