SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Welcome to Slider's Dugout

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: SliderOnTheBlack who wrote (2374)9/17/2006 3:29:59 PM
From: Night Trader   of 50730
 
What most people don't realize about Shiller was that he was pessimistic on the US stock market from at least the early 90s - a low dividend yield was his rationale then. As luck would have it his book came out right at the top but he has no special timing abilities. The book does a good job of collating the excesses of valuation that had been present for some years but did not "predict" the bear market any more than a book on storm strengthening your house predicts a hurricane.

The current hero worship of a middling - if focused - researcher I find a little bizarre.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext