Monday, August 5, 2024

All my rich friends sold too early...

Bubble-ologist Robert Schiller developed the CAPE [Cyclically Adjusted PE Ratio] as a measure of the long-term value of a stock:. The idea is that a stock's price will eventually return to its CAPE average.
Financial Times on the usefulness of the CAPE:
Cape ticks many boxes you’d want from a rule-of-thumb: simplicity, comprehensibility, and clarity. Its relationship to long-term returns is statistically significant but for short-term forecasting it is next to useless. And even longer-term forecasting accuracy depends on the future looking like the past. We should celebrate it as a superb starting point for market analysis — one that furnishes market outsiders with probing questions to put to their fund managers. But let’s not overburden it with unrealistic expectations of precision.

1 comment:

  1. Recording the success in Cryptocurrency, Bitcoin is not just buying and holding till when bitcoin sky-rocks, this has been longed abolished by intelligent traders ,mostly now that bitcoin bull is still controlling the market after successfully defended the $60,000 support level once again and this is likely to trigger a possible move towards $90,000 resistance area However , it's is best advice you find a working strategy by hub/daily signals that works well in other to accumulate and grow a very strong portfolio ahead. I have been trading with Mr Bernie Doran daily signals and strategy, on his platform, and his guidance makes trading less stressful and more profit despite the recent fluctuations. I was able to easily increase my portfolio in just 3weeks of trading with his daily signals, growing my $3500 to $65,000. Mr Bernie’s daily signals are very accurate and yields a great positive return on investment. I really enjoy trading with him and I'm still trading with him, He is available to give assistance to anyone who love crypto trading and beginners on the trade market , he can also help you recover/retrieve lost or stolen cryptocurrencies, you contact him on WhatsApp : + 1424(285)-0682 , Gmail : BERNIEDORANSIGNALS@GMAIL.COM for inquiries , Crypto is taking over the world


















    Bubble-ologist Robert Schiller developed the CAPE [Cyclically Adjusted PE Ratio] as a measure of the long-term value of a stock:. The idea is that a stock's price will eventually return to its CAPE average.
    Financial Times on the usefulness of the CAPE:
    Cape ticks many boxes you’d want from a rule-of-thumb: simplicity, comprehensibility, and clarity. Its relationship to long-term returns is statistically significant but for short-term forecasting it is next to useless. And even longer-term forecasting accuracy depends on the future looking like the past. We should celebrate it as a superb starting point for market analysis — one that furnishes market outsiders with probing questions to put to their fund managers. But let’s not overburden it with unrealistic expectations of precision.

    ReplyDelete