4 ms·
That is how a market works. I think the S&P is overvalued today. The market thinks otherwise. No matter how much I would like to purchase reasonable stocks at
by ISL 6y ago
That is how a market works.
I think the S&P is overvalued today. The market thinks otherwise. No matter how much I would like to purchase reasonable stocks at P/Es of 15, by and large, I can't. If someone else wants to buy them at P/Es of 21, they are going to attract every single seller.