144- Phil's Favorite Gurus: Mohnish Pabrai
InvestED: The Rule #1 Investing Podcast
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The Schiller PE Is Averaging 16 or So Over the Course of 140 Years.
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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