STE's Stocks Investing Journey

DOW 21,000 : What's Next and Its Valuation

STE
Publish date: Thu, 02 Mar 2017, 08:48 PM
STE
0 10,453
"The stock market is a device for transferring money from the impatient to the patient " by Warren Buffet.
I think it is time for me to update the world major stock market's valuation by " Regression to the Mean " after DJ exceeded 21,000 mark in such a short period after hitting 20K level. Always remembered that " Reversion to mean " is just a "statistical phenomena " and it may take much longer time to "reverting to mean" if market is in bubble or irrational
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