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Net-Teams - Bookmark Tag value investing podcast
There are 1 articles associated with the tag value investing podcast!
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Stocks Look Pricey
The first quarter of 2006 is over. Now is a good time to reflect on stock prices and the opportunities they present.Bargains are scarce. Equities are expensive. In recent weeks, Ive heard several fund managers say valuations are still attractive. I dont agree. Generally speaking, valuations are unattractive. Returns on equity are higher than historical levels. A market-wide return on equity of 15% is unsustainable. Price-to-earnings ratios may not fully reflect how expe...
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