S&P 500 Intrinsic Value Index

S&P 500 Intrinsic Value Index Update

“Davidson” submits:

Q3 2019 hedge fund letters, conferences and more

The Dallas Fed reported the 12mo Trimmed Mean PCE at 2.00%, revised lower from the 2.06% Oct report. Inflation has remained close to or at 2% since 2011. The SP500 priced at $3,150 this morning reflects a premium of 32% to its Value Investor Index(VII). The past two market peaks ranged 60%-100% premium to VII. The potential remains for the SP500 to reach past levels considering current economic trends. Three years ahead a 65% premium to the VII gives an estimated SP500 of $4,700. To be clear, this is an estimate of market psychology optimism based on past market behavior.

The VII is a better measure of buying opportunities than identifying market peaks.

S&P 500 Intrinsic Value Index

S&P 500 Intrinsic Value Index

S&P 500 Intrinsic Value Index


Saved Articles
X
TextTExtLInkTextTExtLInk

The Life and Career of Charlie Munger

Charlie is more than just Warren Buffett’s friend and Berkshire Hathaway’s Vice Chairman – Buffett has actually credited him with redefining how he looks at investing. Now you can learn from Charlie firsthand via this incredible ebook and over a dozen other famous investor studies by signing up below:

  • Learn from the best and forever change your investing perspective
  • One incredible tidbit of knowledge after another in the page-turning masterpiece of a book
  • Discover the secrets to Charlie’s success and how to apply it to your investing
Never Miss A Story!
Subscribe to ValueWalk Newsletter. We respect your privacy.

Congrats! Are you a smart person?

We have an exclusive targeted for being a sophisticated and loyal reader.

Sign up for ValueWalkPremium today and get our exclusive content for 35% off.

Use coupon code vip19 or click on the button below

Limited time offer only ENDS 12/31/2019 or after next 25 subscribers take advantage whichever comes first – please do not share this discount with others

 

0