Archive for the ‘Bubbles’ Category

Authored by SG Value Investor via ValueWalk.com, What is the Greater Fool Theory? The Greater Fool Theory is when the price of a good is not determined by its intrinsic value, but rather by irrational beliefs and expectations of market participants. Essentially, it is about buying a good at a price then offloading it to the next fool […]

Zerohedge.com 8-29-16 Food for thought. The rise of Adjustable, 2.5% down payment loans along with Two (Vallejo – Stockton) of the top 20 markets in the USA were the cities that bankrupted in 2008 Real Estate crash. The other four highlighted basically the outskirts people rush to when they can’t afford to buy where they want to live. […]

Submitted by David Stockman via Contra Corner blog, The Folly Of The FANGs Needless to say, there have been some spectacular rocket ships in the market’s melt-up during the last several years. But if history is any guide this is exactly the kind of action that always precedes a thundering bust. To wit, the market has narrowed down […]

Shiller P/E – A Better Measurement of Market Valuation Date: Fri, 12 Aug 2016 09:12:32 -0500 (Updated every 10 minutes) Shiller P/E: 27.2 ( -0.13%) Shiller P/E is 62.9% higher than the historical mean of 16.7 Implied future annual return: -0.7% Historical low: 4.8 Historical high: 44.2 S&P 500: 2182.85 Regular P/E: 25 (historical mean: […]

Submitted by Daniel Drew via Dark-Bid.com, Just when you thought you had seen it all, Nile Niami pulls another mansion out of his hat. The film producer and speculative real estate developer announced the asking price for the mansion he is building on a hill in Bel Air, the location where the memorable Fresh Prince […]

This Is What $800 Million In Ten Pieces Of Art Looks Like Submitted by Tyler Durden on 05/14/2015 14:30 -0400 zerohedge.com On Monday, Picasso’s Women of Algiers (Version O), set an auction house record when it sold for $179,365,000, including the house’s premium, prompting us to remark that if you were looking for signs of […]

Submitted by Tyler Durben zerohedge.com 2-20-15     A client came in and we were talking about the bubbles we have experienced in the last 15 years and how we never dealt with them the right way. That is, to suck up the pain, heal and move ahead. 2000 tech bubble was painful, many 401k’s […]