High Valuations, Humble Forecasts
1:04:41–1:05:23 · 42s
Choi notes valuations imply lower future returns, but reminds that fancy predictors have historically underperformed just using the long-run average.
1:04:41–1:05:23 · 42s
Choi notes valuations imply lower future returns, but reminds that fancy predictors have historically underperformed just using the long-run average.
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