Even though I've graduated from a hardcore value investor to someone who tries to buy great businesses trading at reasonable prices, I'm still the first to
admit valuation matters.
Why Valuations Matter We can easily see the link between valuation and subsequent performance on a scatterplot created using these two variables.
He does go on at great length about how 4 % is a safe withdrawal rate using a 60/40 % stock / bond portfolio — without any mention, I believe, of
how valuations matter.
We also have significant experience in eminent domain, tax abatement, and real
estate valuation matters, having been involved in numerous seven figure cases.
VLF Consulting assists its clients in navigating economic and financial challenges during complex commercial disputes and
other valuation matters.
Investors never actually re-learned the lesson that
valuation matters, partly because the lesson was overshadowed by the (not - unrelated) scandals at Enron, Worldcom, and other companies.
The kicker: Hussman wrote his «
Valuations Matter» article in June 1998, at which time he said of the market:
But if one is talking about a segment of the market cycle,
valuations matter to the extent that they are aligned with the prevailing psychology of investors toward speculation or risk - aversion.
Katsenelson explains range - bound markets and emphasizes that «
valuation matters» — the valuation paid for stocks impacts the ultimate return.
«It's Not Possible For Those Who Have Come to Believe That Stocks Are Always Best to Accept
that Valuations Matter.
«It Is Great to See a Finance Journalist Who Understands
That Valuations Matter.
The basic that I would stress in investing is that —
valuations matter.
I have felt that
valuations matter and have been mostly out of stocks for quite awhile.
I think there's an element of
the valuations matter that people have not yet been able to come to terms with.
One major conclusion of our study was that fundamentals matter,
valuations matter, and technicals (i.e., price momentum measures) matter.
Everyone I know, even the most ardent Buy - and - Holders, acknowledges that
valuations matter.
Either
valuations matter or they don't.
Just about everybody acknowledges that
valuations matter and that the idea of staying at the same stock allocation at all times thus makes no sense.
Just about everybody acknowledges that
valuations matter and that the idea of staying at the same stock allocation at all -LSB-...]
Ben Graham did more than give us a formula for calculating intrinsic value, he taught
us that valuation matters a lot.
When investing for the long run,
valuation matters — and it matters a lot.