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Okay so everyone jumping onto the CAPE bandwagon lately.
Wall Street has to be commended for its marketing. They keep selling crap, we keep buying. They are getting smarter. A lot of people on sidelines after suffering 2 50% drops, how to get THEIR money knowing they are shy about investing in S&P 500? Give them something else to feel good about. CAPE them a new one...
I predict lotsa fund shops following DoubleLine soon. Make no mistake. Rithotlz does not have to agree with Shiller. That's the genius of this. CAPE just has to be in the news. Like how VIX was then everyone bought it. Or how Rap stars albums sell after they commit a crime.
CAPE ME! CAPE ME! CAPE ME! Oooh....want you just CAPE ME, for god's sake !
Comments
Wall Street has to be commended for its marketing. They keep selling crap, we keep buying. They are getting smarter. A lot of people on sidelines after suffering 2 50% drops, how to get THEIR money knowing they are shy about investing in S&P 500? Give them something else to feel good about. CAPE them a new one...
I predict lotsa fund shops following DoubleLine soon. Make no mistake. Rithotlz does not have to agree with Shiller. That's the genius of this. CAPE just has to be in the news. Like how VIX was then everyone bought it. Or how Rap stars albums sell after they commit a crime.
CAPE ME! CAPE ME! CAPE ME! Oooh....want you just CAPE ME, for god's sake !
For those interested ...
Here is more reading on CAPE. In the below link read the section on the P/E of Ten.
http://advisorperspectives.com/dshort/updates/PE-Ratios-and-Market-Valuation.php
"Read, Learn & Prosper"
Have a great day ... and, I wish all "Good Investing."
Skeeter