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Does this mean cheapest as far as returns go? Or are you buying stocks at a very bargain rate right now?
by nickthemagicman 6y ago
Does this mean cheapest as far as returns go? Or are you buying stocks at a very bargain rate right now?
- mywittyname 6y agoThe article is using CAPE yield as a measure. Basically, showing that CAPE yield are maintaining at a solid 3.8%. https://www.investopedia.com/terms/c/cape-ratio.asp https://www.investopedia.com/terms/c/cape-ratio.asp
- findthewords 6y agoThe fact that Shiller had to come up with a new metric to rationalize exuberance should be worrying. "The time had come, as in all periods of speculation, when men sought not to be persuaded of the reality of things but to find excuses for escaping into the new world of fantasy." – John Kenneth Galbraith https://en.wikipedia.org/wiki/The_Great_Crash,_1929 https://en.wikipedia.org/wiki/The_Great_Crash,_1929