Valuation-Informed Indexing #33:
The Market Is Backward-Looking
by Rob Bennett The conventional wisdom is that the market is forward-looking. What investors are trying to figure out is … Read more
by Rob Bennett The conventional wisdom is that the market is forward-looking. What investors are trying to figure out is … Read more
By Rob Bennett I often argue in this column that both overvaluation and undervaluation are irrational phenomena. It is my … Read more
by Rob Bennett Taking on added risk is the price you pay for obtaining a higher return, under the Buy-and-Hold … Read more
by Rob Bennett The premise of the Buy-and-Hold Model is that price changes cannot be predicted because they are determined … Read more