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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Personal Finance / Macroeconomic Trends & Risks
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Author: AdrianC   😊 😞
Number: of 4460 
Subject: Re: S&P 500 hits record high
Date: 01/29/24 7:51 AM
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It seems rational and smart to say that you could have "timed the market" and you shouldn't have bought when the trailing P/E of the market was high. Unfortunately, there is no statistically significant correlation between the market's overall P/E ratio and forward returns. This seems counter-intuitive, but it's true.

What about Cyclically Adjusted PE?

Random article:

The Remarkable Accuracy of CAPE as a Predictor of Returns
advisorperspectives.com - The remarkable accuracy of cape as a predictor of returns

CAPE:
multpl.com - Shiller pe

Currently about the same as in 2001.
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