Time In The Market

There was a recurring theme at the annual Burgundy Client Day on June 8th: the market is getting expensive. Burgundy’s Portfolio Managers highlighted the difficulties finding high-quality companies at attractive prices in the current market environment. Given valuation levels, our return expectations going forward are modest. This raises the question: is it a good time to invest, or should I just wait on the sidelines until the next market correction? [klarman] China’s Indebtedness In The Face Of Slowing Growth Let Compounding Work For You Rebalance Your Portfolio? You Are A Market Timer And Here’s What To Consider If you ask…