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Value After Hours S04 E34: Build-a-Bear Workshop; The Gini Coefficient; and Graham on Margin

The Acquirers Podcast

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The S&P 500 Index Return Since 1850

If Cape goes to its long run mean, the implied level of the S&P 500 is about 20... Well, it's 2328. That's quite a long way to fall. Even if we got like a 2007-2009 style drawdown here, I still think it would like probably do what it did then when bounce reasonably high. It would take another cycle for us to fully clear the deck.

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