Any thoughts about other
valuation metrics regarding the market, that you prefer?
Not exact matches
I totally agree with you and with Buffett; nonetheless there's one question, that came to my mind
regarding market
valuations: Assuming bonds and interest rates go even lower as they are today, at which level (pe ratio or Shiller pe ratio — or whatever
metric you'd like to take) would I call the market of today a bubble?
If this type of option is completely off the table, you're basically just left with a situation where it's your negotiation skills vs the remaining manager, and that (assuming you have little to no
regard for anything but making the most money from the deal), becomes much more like a poker game of trying to work out which
valuation metrics they will be responsive too, what weaknesses you feel they have and hammering away at them as hard as possible while trying to not show any of your own weaknesses.
Clearly, Ben Graham had a strong focus and opinion
regarding a P / E ratio of 15 as an important
valuation metric.
I totally agree with you and with Buffett; nonetheless there's one question, that came to my mind
regarding market
valuations: Assuming bonds and interest rates go even lower as they are today, at which level (pe ratio or Shiller pe ratio — or whatever
metric you'd like to take) would I call the market of today a bubble?
Advising
regarding market specific
valuation metrics in support of internal
valuation teams