Jonathan Clements: Take the Low Road

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Rowan Oak
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Jonathan Clements: Take the Low Road

Post by Rowan Oak » Sat Aug 01, 2020 7:24 am

No, price isn’t the same as value. But given that traditional valuation metrics don’t seem to tell us anything about short-term performance and relatively little about long-run returns, price may be the most reliable guide to value that we have—and falling prices may be as good a buy signal as we’re going to get.
Take the Low Road
Jonathan Clements | August 1, 2020
“If you can get good at destroying your own wrong ideas, that is a great gift.” – Charlie Munger

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abuss368
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Re: Jonathan Clements: Take the Low Road

Post by abuss368 » Sat Aug 01, 2020 7:34 am

Thanks for sharing!
John C. Bogle: Two Fund Portfolio - Total Stock & Total Bond - “Simplicity is the master key to financial success."

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