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Tobin’s Q Ratio and the Shiller, Graham, & Dodd Price-to-Trailing 10-Year...
Both ratios show that conditions in the US stock market are getting frothy. Shiller’s ratio is the same as the one created by Benjamin Graham and David Dodd in 1934. It is self-explanatory. If we...
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New Link in the Value Investing Resources Section: Hedge Fund Letters
I have added Hedge Fund Letters as a value investing resource even though some of the hedge fund managers there are not value investors. Most value investors who truly wish to be contrarian and invest...
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