SUR INTELLIGENT INVESTOR CHAPTER 8

The benchmark S&P 500 is unquestionably expensive right now. In fact, as my colleague Sean Williams abscisse dépassé, the dénombrement is currently trading at twice its historical valuation as measured by the Shiller (pépite Pelisse) price-to-earnings pourcentage. Since Warren Buffett is a value investor, his recent aval isn't a stupéfaction.N