1.0the patient investorhttps://thepatientinvestor.comrich600338<blockquote class="wp-embedded-content" data-secret="PkxHAfkm8a"><a href="https://thepatientinvestor.com/index.php/2014/05/07/is-the-market-overpriced/">Is the market overpriced?</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://thepatientinvestor.com/index.php/2014/05/07/is-the-market-overpriced/embed/#?secret=PkxHAfkm8a" width="600" height="338" title="“Is the market overpriced?” — the patient investor" data-secret="PkxHAfkm8a" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script> /*! This file is auto-generated */ !function(d,l){"use strict";l.querySelector&&d.addEventListener&&"undefined"!=typeof URL&&(d.wp=d.wp||{},d.wp.receiveEmbedMessage||(d.wp.receiveEmbedMessage=function(e){var t=e.data;if((t||t.secret||t.message||t.value)&&!/[^a-zA-Z0-9]/.test(t.secret)){for(var s,r,n,a=l.querySelectorAll('iframe[data-secret="'+t.secret+'"]'),o=l.querySelectorAll('blockquote[data-secret="'+t.secret+'"]'),c=new RegExp("^https?:$","i"),i=0;i<o.length;i++)o[i].style.display="none";for(i=0;i<a.length;i++)s=a[i],e.source===s.contentWindow&&(s.removeAttribute("style"),"height"===t.message?(1e3<(r=parseInt(t.value,10))?r=1e3:~~r<200&&(r=200),s.height=r):"link"===t.message&&(r=new URL(s.getAttribute("src")),n=new URL(t.value),c.test(n.protocol))&&n.host===r.host&&l.activeElement===s&&(d.top.location.href=t.value))}},d.addEventListener("message",d.wp.receiveEmbedMessage,!1),l.addEventListener("DOMContentLoaded",function(){for(var e,t,s=l.querySelectorAll("iframe.wp-embedded-content"),r=0;r<s.length;r++)(t=(e=s[r]).getAttribute("data-secret"))||(t=Math.random().toString(36).substring(2,12),e.src+="#?secret="+t,e.setAttribute("data-secret",t)),e.contentWindow.postMessage({message:"ready",secret:t},"*")},!1)))}(window,document); //# sourceURL=https://thepatientinvestor.com/wp-includes/js/wp-embed.min.js </script> David Leonhardt published this graph from Robert Shiller in his piece in the NY Times: I have one major issue with this: stock values are based on FUTURE earnings, not PAST earnings. The two are only related if earnings for the past 10 years are indicative of earnings for the next 10 years. I suspect … Continue reading ""http://static.incrediblecharts.com/images/2014/shiller-cape.png