I could cite plenty of metrics, but at some point, I expect we’ll see a drop in the S&P 500 in line with previous all-time high valuations… somewhere between 50% and 65%… and an even bigger drop for many individual stocks.
Value is more attractive than it has been in nearly 100 years — it’s one of the best long opportunities you’ll find today.
For the past decade-plus, growth stocks have been in charge. But, we know the pendulum is swinging today. Growth… value… growth. You can guess what comes next.
It’s critical to remember: Prepare, don’t predict…
Investors in big tech are doing today what they’ve done for much of the past decade: assuming the next several years will look a lot like the recent past. Don’t expect it to last forever…
Stocks are more overvalued than at any time in the past century. Risk is high today… It’s time to plan accordingly.
It’s high time we turned back to the long-term investment strategies that have lagged lately.
If you want to avoid trouble, you must answer it.
No matter what happens in the next few months or years, owning gold and buying great businesses when they’re undervalued are good ideas over the long term.
If you hope to outperform over the long term, this is an ideal time to own stellar businesses at reasonable prices…
