Pick Your Market Expert to Follow..Or More Productively Ignore Them All

This is an entertaining one:

Two of the most well known finance Professors in the world.--.one a nobel prize winner --disagreeing on almost everything….making the argument for ignoring gurus even if they have a nobel prize

Interestingly they agree on this one:

Both Shiller and Siegel said they agree on the relative value of investment opportunities outside the United States, where valuation is lower.

“We have the highest CAPE ratio in the world of all major markets,” Shiller said. “You don’t have to invest in the United States. Most of your listeners are probably—if they’re from the US—over-concentrated in the US….People should diversify and international diversification is a good thing.