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Value After Hours S04 E33: Equity Duration & Inflation, The Nifty Fifty, and Vermeer Fakes

The Acquirers Podcast

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The News Cycle Is What They Say

Microsoft is trading at like 60 times earnings, right? In 99, this time it's 30. The news cycle is what they say. They recycle. That could be an unfortunate side effect. We're just on the wrong side of multiple compression. I just need rates to get a little lower. Do you think that that is a good corollary for today? I mean, it's just a stock market peak like 70, like that peak and then the one in the 19, the late 1990s. And then I guess again today, they all sort of seem similarish.

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