Archives: October 2014

26 October 2014 - 21:18, by , in Musings, Comments off
The danger with valuations is they are a lot like a bikini – they show you a lot, they don’t show you everything. The current Case Shiller Cyclically Adjusted PE ratio is currently 25.73. What does this mean?  Since January of 1881 to today the average PE ratio is 16.61, with a standard deviation of...