The Compound and Friends cover image

We Have Lost All Sense of Decorum

The Compound and Friends

00:00

The Shiller PE Trending Higher Every Decade

Facebook was worth a billion dollars in 1901. The revenue per employee at Facebook is like $17,000. Interest rates have been low for four decades and the Shiller PE has risen since 1980. Jeremy Grantham of all people wrote about this 4 or 5 years ago.

Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner