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Mouth Breather
RE: Heading Down the Dow

Ghost of Igloi wrote:

Seattle and Mouth Breather,

I am not trying to convince you or anyone else of anything. Purely an academic view of markets where in the past investors had the same view as yours.

Similar delusion peak 3/31/2000 through 3/31/2019 S&P 500 Index return 3.5%, with reinvested dividends 5.5%. Far less than what you model.

Good luck with your view.


I offered no “view”. I merely pointed out the FACT that valuations have been high throughout the bull market. YOU are the one who said that is how it works.

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