The Schiller PE is averaging 16 or so over the course of 140 years. It's running 32, only been there three other times in history and the market crashed each time. Do you know what we're at now? Well the average is around 70 to 80 and we're at 155. So we're playing with fire there.
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This week on InvestED podcast, Danielle and I are coming to you live from San Diego, California to continue our discussion on investing gurus and to reveal another guru that Phil Town himself admires and follows. Take a look at Mohnish Pabrai’s portfolio with us.
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