This event has been organised by CFA UK's Value Investing Special Interest Group. For more information on how to join the SIG click here.
From 1881 to 1995, the US cyclically adjusted PE ratio and was subject to mean reversion. Since 1995, this key measure of equity valuation appears to have moved onto a permanently higher plateau. In this webinar, Russell Napier, FSIP, analyses the key drivers of equity valuation mean reversion.
Event: 18:00 - 19:00
CPD Points: 1.00
Russell Napier, FSIP, Professor
Professor Russell Napier, FSIP, is author of The Solid Ground investment report for institutional investors and co-founder of the investment research portal ERIC – a business he now co-owns with D.C. Thomson.
Russell has worked in the investment business for over 30 years and has been advising global institutional investors on asset allocation since 1995.
Russell is author of the book Anatomy of The Bear: Lessons from Wall Street’s Four Great Bottoms (‘a cult classic’ according to the FT) and is founder and course director of the practical history of financial markets at The Edinburgh Business School.