Investing Versus Flipping
Investing Versus Flipping Chris Brightman, Research Affiliates
Key Points
- High stock prices, just like high house prices, are harbingers of low returns.
- Investing in price-depressed residential rental property in Atlanta is like investing in EM equities today—the future expected long-term yield is much superior to their respective high-priced alternatives.
- Many parallels exist between the political/economic environment and the relative valuation of U.S. and EM equities in . . .
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