Belief in an Investing Strategy Comes First and Then Evidence Follows
Wade D. Pfau
My last two columns examined a recently completed research paper titled Shiller’s CAPE: Market Timing and Risk. The first column expressed concern re the paper’s finding that never before in U.S. history have we seen today’s extremely high valuation levels apply for so long a time-period.
Bennett, Rob, "Belief in an Investing Strategy Comes First and Then Evidence Follows" (2017). In the News. 2085.