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Ritholtz's Masters in Business: Aswath Damodaran Interview

Masters in Business

00:00

How to Make Money in Correlations

The shiller cape has become this single metric. If the cape is high now, returns in the future, I've tended to be lower. In fact, what I did was I took shillazone numbers that go back to 1871. And at least based on the testing I did, I couldn't find a single way you could use cape to make money from timing market.

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