tag:blogger.com,1999:blog-2875915890415125655.post6361311996156137337..comments2023-05-18T10:37:34.608+01:00Comments on <a href="http://www.retirementinvestingtoday.com">Retirement Investing Today</a>: My first FTSE 100 cyclically adjusted PE ratio update – August 2010RetirementInvestingTodayhttp://www.blogger.com/profile/03088383743670046657noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-2875915890415125655.post-42755648738577202402010-10-26T16:33:03.000+01:002010-10-26T16:33:03.000+01:00The period in question (since 1993) includes one o...The period in question (since 1993) includes one of the biggest bull markets in history, so the FTSE "long term" average is probably misleading at around 20. <br /><br />According to Shiller's data on the S&P 500, the average CAPE since 1993 (same period as your FTSE 100 data) is around 27, which is about 65% more than the long term average for the S&P. <br /><br />If we Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-38072541190906911482010-08-04T18:39:02.020+01:002010-08-04T18:39:02.020+01:00Hi Lewis
Value investing for indices is exactly w...Hi Lewis<br /><br />Value investing for indices is exactly what I am trying to achieve. That is a very succinct statement from you that explains well what I am trying to achieve. I am trying to hold more under priced equity and less over priced equity. Only time will tell though whether it was the right thing to do.<br /><br />Smithers in his book makes a good statement along those lines as RetirementInvestingTodayhttps://www.blogger.com/profile/03088383743670046657noreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-86808715265343698812010-08-04T15:42:14.872+01:002010-08-04T15:42:14.872+01:00I have become somewhat interested in the concept o...I have become somewhat interested in the concept of value investing after reading an article written by Warren Buffett that UKVI investor recommended on his/her blog.<br /><br />Your tactical asset allocation using CAPE appears to me to be a kind of value investing for indexes, which would seem to make a good compromise between tracking indexes (only carry risk that is rewarded) and holding underLewishttp://www.google.co.uknoreply@blogger.com