Are Stocks Really Less Risky in the Long Run?

Here is a WealthTrack interview with Lubos Pastor, University of Chicago Professor. This interview was sent to me by a client, and I saw it again this morning at "The Calculating Investor" blog.

Pastor's work challenges the accepted wisdom that stocks are less risky over the long-term. In the interview, he also offers many other interesting viewpoints. At the end of the interview, he touts index funds and low expenses. Well worth watching for the serious investor.