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> It's fairly rational to point out Stating that an opinion is rational does not automatically make it rational. Care to explain why you think it is?
by craftyguy 8y ago
> It's fairly rational to point out
Stating that an opinion is rational does not automatically make it rational. Care to explain why you think it is?
- jakamau 8y agoNot the original poster but I would point to the Shiller PE (i.e. CAPE) ratio as a useful indicator of potential over-valuation. The increasing cost required to make the same in earnings is disconcerting. https://en.wikipedia.org/wiki/Cyclically_adjusted_price-to-earnings_ratio https://en.wikipedia.org/wiki/Cyclically_adjusted_price-to-e... http://www.econ.yale.edu/~shiller/data.htm http://www.econ.yale.edu/~shiller/data.htm