European Stocks 50% Discount Vs. US

Every month, I calculate the US equity markets valuation. I now receive a slew of terrific data on European market valuations, which I know update every month.

These charts ignores all the noise made by important European officials such as the Estonian cultural minister ; almost (basically all) the quantitve indicators indicate a very cheap European market. The numbers in the chart directly below are based on Morgan Stanley numbers for MSCI/Europe, and my own calculations. There are also charts on individual European countries; countries like France, Germany, and Norway seem to be super cheap. Overall it seems the market valuations are far cheaper in Europe than the US. I attached the most interesting of the charts concerning valuation. Click TWICE on each chart to enlarge

Einhorn’s FOF Re-positions Portfolio, Makes New Seed Investment In Year Marked By “Speculative Exuberance”

david einhorn, reading, valuewalk, internet, investment research, Greenlight Capital, hedge funds, Greenlight Masters, famous hedge fund owners, big value investors, websites, books, reading financials, investment analysis, shortselling, investment conferences, shorting, short biasIt has not just been rough year for David Einhorn's own fund. Einhorn's Greenlight Masters fund of hedge funds was down 3% net for the first half of 2020, matching the S&P 500's return for those six months. In his August letter to investors, which was reviewed by ValueWalk, the Greenlight Masters team noted that Read More