{EMAIL} There Is No Simple Rule Of Thumb For Stock Market Valuations

The latest news you must read from ValueWalk - everything hedge funds and value investing [View in browser]( ValueWalk Premium [LIMITED TIME - Ends 10/19/19 or after first 20 sign ups whichever comes first!]( [Click right here to get your special discount]( [There Is No Simple Rule Of Thumb For Stock Market Valuations]( [There Is No Simple Rule Of Thumb For Stock Market Valuations]( In finance, there are often well-known rules of thumb for investing that can easily become embedded in consensus thinking. For market timing, the well-worn “Buffett ratio” compares the value of stocks relative to the nation’s economic output. Other market timing formulas compare the relative value of government bond rates to the dividend yield provided by […] [Read the rest of this article by clicking right here]( [Q3 2018 Top And Emerging Hedge Fund Managers – Conferences, Letters And More: Einhorn, Highfields, Horseman, Tourbillon, Pabrai etc – Last UPDATED 10/21 1:35PM EST]( [Q3 2018 Top And Emerging Hedge Fund Managers – Conferences, Letters And More: Einhorn, Highfields, Horseman, Tourbillon, Pabrai etc – Last UPDATED 10/21 1:35PM EST]( Small caps q4 Q4/FY/H2 2018 q1 2018 Q2 2018 Q3 small caps This page was just created on September 29th 2018 it will be updated a LOT for the next 90 plus days! As a reference in Q2 18 i updated the page about 116 times or more than once a day for 90 days […] [Read the rest of this article by clicking right here]( [Madera ONE Fund Up 89% YTD – 3Q18 Commentary: Something Old, Something New – Our new big short]( [Madera ONE Fund Up 89% YTD – 3Q18 Commentary: Something Old, Something New – Our new big short]( Madera Technology Partners commentary for the third quarter ended September 30, 2018; titled, "Something Old, Something New." Dear Partner, It is invigorating to see the amount of profound value that innovation is generating. I remember walking between meetings in San Francisco in summer of 2008, and just taking a mental step back to put everything […] [Read the rest of this article by clicking right here]( [Weak Investor Allocations Continue To Weigh On Hedge Funds]( [Weak Investor Allocations Continue To Weigh On Hedge Funds]( Hedge funds did a bit better last month in terms of performance-based gains, but unfortunately investor outflows continued, according to data from Eurekahedge. Overall the Eurekahedge Hedge Fund Index was in the red for September while the broader world market was in the green. Hedge funds down 0.06% Preliminary data indicates the index declined 0.06% […] [Read the rest of this article by clicking right here]( [Amazon, Google Are Ready To Disrupt BlackRocks Of The World, Says Moody’s]( [Amazon, Google Are Ready To Disrupt BlackRocks Of The World, Says Moody’s]( The "Amazon effect" isn’t only about technical superiority disrupting retail stores. Increasingly, big tech firms such as Facebook, Apple and Alphabet (Google) are poised to disrupt and potentially displace incumbent asset management and financial services firms, particularly as passive forms of investing gains popularity. Several reports point out that the market changes, impacting brokerage firms, […] [Read the rest of this article by clicking right here]( [Investors Are Becoming Bearish, But “Not Bearish Enough”?]( [Investors Are Becoming Bearish, But “Not Bearish Enough”?]( The S&P 500 continued to slide on Thursday, although it remained about 40 points higher than the recent low on Oct. 11. Meanwhile multiple investment banks continue to argue that the selloff is nearly over and reassure investors by saying it's time to dive back into growth. Bull & Bear Indicator holds steady Bank of […] [Read the rest of this article by clicking right here]( [Jason Trennert – Strategas: Private equity is going to be a huge problem – Grant’s 2018 Interest Rate Observer]( [Jason Trennert – Strategas: Private equity is going to be a huge problem – Grant’s 2018 Interest Rate Observer]( Stay tuned for more from Grant’s 2018 Interest Rate Observer which took place on October 9th 2018 in NYC All content will be posted at this link and in our Q3 letters archive so stay tuned. Q3 hedge fund letters, conference . . . SORRY! This content is exclusively for paying members. Access all of […] [Read the rest of this article by clicking right here]( [Corsair Capital Q3 Sees Value In Spinoff Situation In Market “Addicted to marijuana”]( [Corsair Capital Q3 Sees Value In Spinoff Situation In Market “Addicted to marijuana”]( Corsair Capital Management has one of the best performance records around. Since inception in 1991, the Corsair Capital flagship fund has produced a total annualized return of 12.3% net for investors, that's compared to an annual performance of 11.2% for the HFRI Equity Hedge Fund Index, which has chalked up an annualized return of 11.2% […] [Read the rest of this article by clicking right here]( [Khrom Capital Having Another Decent Year, Sees Value In a New Small-Cap Idea]( [Khrom Capital Having Another Decent Year, Sees Value In a New Small-Cap Idea]( Khrom Capital has an impressive record of achieving market-beating performance. Since its inception in 2008, the firm has achieved a gross average annual return for investors of 16.3%, compared to 9.4% for the S&P 500. After fees, the average performance is 12.5% p.a. to the end of June 2018. The small-cap focused hedge fund has […] [Read the rest of this article by clicking right here]( [What Is Warren Buffett Buying Today? Wells Fargo Suggests A Few Names]( [What Is Warren Buffett Buying Today? Wells Fargo Suggests A Few Names]( Back at the end of August, Warren Buffett told Bloomberg 'I'm buying stocks' when asked if the market was overextended. He then went on to explain why, despite the market being significantly overbought compared to his favorite valuation metric (total stock market value to GDP), he still likes equities: Q3 hedge fund letters, conference, scoops […] [Read the rest of this article by clicking right here]( [Not interested in any of the above? 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