From the finance.yahoo.com front page: Why Stocks Are Dirt Cheap by Jeremy Siegel, Ph.D. Good bye markets. http://finance.yahoo.com/expert/article/futureinvest/118916
Jeremy Siegel is a bagholder! If if he thinks he knows better, I will clean him and the entire princeton faculty live in front of their students . The orange tigger is me! Eveyone now knows that what he wrote in his book is garbage. Anyone who followed what is in his book is deep under. In addition all his predictions in that books have one thing that is true: the opposite of his predictions. Do the opposite of what he does.
The total losses in the world stock markets have been over $30 trillion dollars over the past year. ------------------------------- I doubt an influx of 30 trillion will get us back to zero. I'm no math whiz but how many trillion will we need to get a 20 % return in the next 12 months. I hope he goes for it.
He is just a talker. Most likely his research projects are sponsored by finance companies, and if they do not have funds to manage, he would not have money to sponsor his research and to charge consulting fees. Do not fall for his crap. The market has nothing to do with fundamentals. Markets create the fundamentals, not the other way around.
when are you going to shut your trap? I guess that you will also say, McCain will win 2008 election, and Obama is a muslim (remember that is what you have been saying).