The US stock market looks very expensive, but John Authers shows that this says nothing about the chances of a market fall over the next 12 months. It does, however, suggests that in the longer term, stocks will not rise much over the next decade.
U.S. Stock Market Valuation Doesn’t Help Timing
In April, Li Lu and Bruce Greenwald took part in a discussion at the 13th Annual Columbia China Business Conference. The value investor and professor discussed multiple topics, including the value investing philosophy and the qualities Li looks for when evaluating potential investments. Q3 2021 hedge fund letters, conferences and more How Value Investing Has Read More