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A comment on Have the record number of investors in the stock market lost their minds?. Parent comment

Re:Have the record number of investors in the stock market l... by RivieraKid on Saturday May 16, 2020 @12:56PM (#23205091)
High Shiller P/E doesn't necessarily mean stocks are overpriced. Intrinsic value is based on future cash flows, what happened 10 years ago may or may not be relevant to future cash flows.
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