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I think companies with Schiller P/E price to earnings greater than 15 will get hit. Exponential growth till hit a linear reality and higher interest rates. htt
by acd 4y ago
I think companies with Schiller P/E price to earnings greater than 15 will get hit. Exponential growth till hit a linear reality and higher interest rates.
https://en.wikipedia.org/wiki/Cyclically_adjusted_price-to-earnings_ratio https://en.wikipedia.org/wiki/Cyclically_adjusted_price-to-e...
Plus some will call on tech startups not generating real organic revenue growth with realistic valuations.
https://en.wikipedia.org/wiki/The_Emperor%27s_New_Clothes https://en.wikipedia.org/wiki/The_Emperor%27s_New_Clothes