I’ve posted Entry #43 to my weekly Investing: The New Rules column at the Death by 1,000 Papercuts site. It’s called Can Intrade or the Stock Market Predict Future Outcomes?
Juicy Excerpt: P/E10 takes the average intelligence reflected in the market price and adds something to it — an indication of where market prices need to go over time so that they can come to better reflect the economic realities. P/E10 is “smarter” than the investors setting the market price because it is a number and numbers do not permit emotional considerations to overcome their judgment in the way that the humans often do.
Van Beek - Trend Investing says
Hi Rob,
Any suggestions for where I can find the current and historic P/E10 for the major stock market indices? I have been searching but not been able to find a site that provides up to date information.
Van Beek
Rob says
Van Beek:
I believe that this site provides what you are looking for:
http://www.multpl.com/
Rob