2011 Year-End Valuations
As mentioned last year, valuation ratios such as P/E are not very useful in making one year market predictions. This is disappointing, since they do a fair job of predicting longer-term returns of at least 5-10 years …
Stock Market Predictions Using Q
Last month, we used the P/E ratio to predict stock market performance over next 1 to 20 years. This time, let’s try using another valuation metric: the Q ratio. An […]
Trading in Volatile Markets
From the May 2010 newsletter: You may be wondering what trading I’ve done over the last few weeks with the recent volatility in the stock markets (S&P 500 below). Well, […]
2012 Year-End Valuations
Valuation ratios such as P/E are not very useful in making one year predictions, although they do a fair job of predicting longer-term returns of at least 5-10 years …