DrakeMallard, explain why this chart shouldn't scare the piss out of all of us
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Date: October 19th, 2017 10:20 AM Author: unhinged menage idiot
Wow a Shiller PE of 31
That's like a 3% earnings yield on the S&P
Most of the equities I buy that are go-forward businesses have a single digit PE (i.e double digit earnings yield)
(http://www.autoadmit.com/thread.php?thread_id=3768542&forum_id=2#34478264) |
Date: October 22nd, 2017 5:18 PM Author: copper thriller ticket booth
A 10 year backwards looking P/E will put a big weight on earnings from 2007-2010, which were depressed and had a bunch of bank impairments and fines and shit
Also, prices today are baking in tax reform over the next few years
Big timing mismatch
(http://www.autoadmit.com/thread.php?thread_id=3768542&forum_id=2#34503997) |
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