#39: John Hussman On Navigating One Of The Most Overextended Stock Markets Of All Time
Superinvestors and the Art of Worldly Wisdom
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The Value Conscious Part of Investing
Vogelback: Every single security that I buy is a claim on something. It's a claim on some future cash flow that I have to think about in terms of its relationship with the price, he says. Vogelback has been using these valuation measures since 98 and believes they are historically informed.
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