IN THIS EPISODE, YOU’LL LEARN:

• 09:18 - Understanding the basics of valuations and how to interpret price multiples. 


• 17:00 - What the Shiller P/E (CAPE) ratio is, and why it is telling us future returns are expected to be low going forward.  


• 25:46 - What Lance thinks are some catalysts that could cause the market to mean revert to historically normal valuation levels. 


• 31:35 - Why the Buffett Indicator is a valuable valuation tool and why it is saying markets are overvalued today. 


• 38:05 - The relationship between earnings and GDP and why EPS cannot grow faster than GDP in the long run.  


• 49:50 - Why Lance thinks bonds are the best investment right now and what investment strategy he recommends.


• And much, much more! 

*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.

BOOKS AND RESOURCES

• Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members.


• Check out: RIA Advice.


• Lance’s Youtube Channel: Real Investment Show with Lance Roberts.


• Lance Podcast: Real Investment Show with Lance Roberts.


• Related Episode: Studying SuperInvestors, Investing Checklists, & Seritage Growth Properties w/ Tom Botica - MI148.

NEW TO THE SHOW?

• Check out our Millennial Investing Starter Packs.


• Browse through all our episodes (complete with transcripts) here.


• Try Kyle’s favorite tool for picking stock winners and managing our portfolios: TIP Finance.


• Enjoy exclusive perks from our favorite Apps and Services.


• Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets.


• Learn how to better start, manage, and grow your business with the best business podcasts.

SPONSORS

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