The basic idea behind the two pieces is this: sure, we're at average valuation levels now, but in a real bear market values can get cut in half from here. (alephblog.com)
Mutual funds are destined for poor results because they own 100 stocks of average companies at average valuations. (basehitinvesting.com)
A global fund that seeks high - quality companies with below average valuations and the ability to sustain and / or grow their dividends. (hartfordfunds.com)