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If an investment works well and is well known (S&P), it’ll only work for so long. The PE ratio’s in the 500 S&P co’s have been heading ever upward (https://www
by FredPret 5y ago
If an investment works well and is well known (S&P), it’ll only work for so long.
The PE ratio’s in the 500 S&P co’s have been heading ever upward (https://www.multpl.com/shiller-pe https://www.multpl.com/shiller-pe) indicating some sort of self-reinforcing effect.
- pydry 5y ago70 years?
- FredPret 5y agoVery, very few investors have the vision and nerve to hold their money in one thing for 70 years through the ups and downs. In the case of the S&P500, this would have worked out, but in 99.9999% of other investments, you’d simply have ended with $0 (or less…) and high blood pressure. It is not obvious ahead of time what strategy will work best.