First published at 05:42 UTC on February 22nd, 2024.
From a historical perspective, specific sectors of the US market market, particularly the tech sector, are highly overvalued. Other sectors, like energy, are at multi-decade levels of relative undervaluation.
I have found success in buying underva…
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From a historical perspective, specific sectors of the US market market, particularly the tech sector, are highly overvalued. Other sectors, like energy, are at multi-decade levels of relative undervaluation.
I have found success in buying undervalued assets, waiting for the market to discover that undervaluation, and then re-rate those assets higher.
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