Van Den Berg On Worldwide Quantitative Easing Presentation at the Value Investor Conference. Check back for more presentations, or sign up for our free newsletter to get all the presentations in your inbox. H/T ValueInvestingWorld for the find
Most Important – Only three things matter when it comes to stock valuations: interest rates, inflation, and the fundamentals of a company.
Inflation can take hold and when it does, it can move rapidly.
Lee Ainslie's Maverick Capital had a difficult third quarter, although many hedge funds did. The quarter ended with the S&P 500's worst month since the beginning of the COVID pandemic. Q3 2021 hedge fund letters, conferences and more Maverick fund returns Maverick USA was down 11.6% for the third quarter, bringing its year-to-date return to Read More
In periods of inflation and deflation, multiples will come down quickly, affecting valuations.
Risk of inflation/deflation requires more flexibility in investment choices.
Once the U.S. goes through what will be a challenging period, U.S. stocks, for the long run, will be a good investment.
Worldwide Quantitative Easing
Van Den Berg On Worldwide Quantitative Easing via via valueinvestorconference