Should You Be Worried?

Warren Buffett recently wrote, “Prices are sky-high for businesses possessing decent long-term prospects.”  Taking a look at the current Shiller PE Ratio, it is trading at 31.4x whereas its historical mean is 17. The historic high is 44 in 1999. The main benefit of looking at the Shiller PE is that it is one of broad … Continue reading Should You Be Worried?