How To Survive And Thrive In A “Zlatan Ibrahimovic” Market

Jon Alternative Media, Blogosphere, Corporate, Economy, Education

REPORTER: ‘Who will win the World Cup playoff?’
ZLATAN: ‘Only God knows who will go through.’
REPORTER: ‘It’s hard to ask him.’
ZLATAN: ‘You’re talking to him.’
REPORTER: ‘What did you get your wife for her birthday?’
ZLATAN: ‘Nothing. She already has Zlatan.’
ZLATAN: ‘I can’t help but laugh at how perfect I am.’
In case you don’t pay attention to soccer, here are three things to know about Zlatan Ibrahimovic:
He’s an excellent player. His ego, as you can see, is large. He doesn’t appear to have much in common with Yale University’s Robert Shiller. I’ll start with the third point and the insightful Shiller, in particular. (I’ll get back to ‘Ibra’ in just a moment.) Shiller wrote an article last week warning of the potential hazards of equity investment. As he often does, he shared a chart showing his cyclically-adjusted price-to-earnings (CAPE) ratio. He reminded us that the CAPE ratio is ‘somewhat effective at predicting real returns over a ten-year period.’ But this particular article had little to do with ten-year forecasts. Here’s the conclusion (with my emphasis):

This post was published at Zero Hedge on Oct 1, 2017.