Article by Dimensional Fund Advisors: Down To The Wire – CAPE Fear: Valuation Ratios and Market Timing
September 2014
Down To The Wire – CAPE Fear: Valuation Ratios and Market Timing
By Weston Wellington
Vice President
Dimensional Fund Advisors
“As broad market indices such as the S&P 500 have set new record highs in recent weeks, many investors have become apprehensive. They fear another major decline is likely to occur and are eager to find strategies
that promise to avoid the pain of an extended downturn while preserving the opportunity to profit in up markets.”
To read more: OPEN PDF: Down To The Wire