, Columnists
Is the Stock Market Overvalued, Cheap or Just Right? A Debate
Valuation metrics can help in investment decisions, but they’re also subject to misuse and misinterpretation.
Let’s ask him what he thinks.
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Most discussions about the stock market eventually get around to the question of valuation: Are shares prices too high, too low or just right? But valuation may not offer the answers investors want to hear. Bloomberg Opinion columnists Nir Kaissar and Barry Ritholtz recently met online to debate.
Barry Ritholtz: Value as a measure means much less than many people imagine.