I believe that. And I am certainly not alone. Millions of people believe it. I sometimes get the impression that just about everyone believes it. But we certainly are not putting that belief into action. The fair-value CAPE is 17. Today’s CAPE is 38. Today’s stock market is priced at… Continue reading Those Who Believe That Valuations Matter Should Make It a Habit to Provoke/Challenge Buy-and-Holders
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