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.

#invest #investment #investments #stocks #stock market #business #wealth #finance #success #investinginyourself #personalfinance #wisdom #wisdomquotes #quotes #visioninvesting #visioncapital