Eugene Ng's avatar
$18.7m follower assets
Prospective Returns vs Current Prices.
When prices & valuation multiples are higher, it is more likely that prospective returns are much lower, and risks far higher.

Vice versa, when prices & valuation multiples are lower, it is more likely that prospective returns are much higher, and risks far lower.

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Rihard Jarc's avatar
The best returns were made when unemployment rate was the highest.
Eugene Ng's avatar
@rihardjarc also when valuations are at the lowest.

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