Terrific graphic from the Telegraph showing where the world’s cheapest markets are
Click for huge graphic
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
The graphic here shows three valuation measures: the price-to-earnings ratio; Cape; and price-to-book ratio. Each market is compared to its own historical average, as differing market characteristics mean direct comparisons between countries can be misleading.