Some measures indicate the market is richly
valued by historical standards, but no one knows what the future holds.
Not exact matches
It is a thoughtful book in which Smith reflects on the problems raised
by the study of the religious thought and practices of the people of Asia, problems of
historical method, of literary criticism, of language, of social organization, and of the
values and
standards by which men guide their lives.
Although emerging markets are bargain priced
by historical standards, we will maintain a much more limited exposure to them in the future, including, as much as possible, an emphasis on situations with catalysts for the realization of underlying
value.
While return dispersion is low, dispersion of valuations remains relatively wide
by historical standards... Furthermore, there has been a strong relationship between valuation spreads and subsequent outperformance of
value stocks (relative to glamour stocks).
While that may not sound spectacular
by historical standards in real estate, battle - weary investors who have been burned in the stock market have come to
value stability.