Episode Details

IN THIS EPISODE, YOU’LL LEARN:

• 09:18 - Understanding the basics of valuations and how to interpret price multiples. 
• 17:00 - What the Shiller P/E (CAPE) ratio is, and why it is telling us future returns are expected to be low going forward.  
• 25:46 - What Lance thinks are some catalysts that could cause the market to mean revert to historically normal valuation levels. 
• 31:35 - Why the Buffett Indicator is a valuable valuation tool and why it is saying markets are overvalued today. 
• 38:05 - The relationship between earnings and GDP and why EPS cannot grow faster than GDP in the long run.  
• 49:50 - Why Lance thinks bonds are the best investment right now and what investment strategy he recommends.
• And much, much more! 

*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.

BOOKS AND RESOURCES

• Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members.
• Check out: RIA Advice.
• Lance’s Youtube Channel: Real Investment Show with Lance Roberts.
• Lance Podcast: Real Investment Show with Lance Roberts.
• Related Episode: Studying SuperInvestors, Investing Checklists, & Seritage Growth Properties w/ Tom Botica - MI148.

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