Past performance is not indicative of future results.
Vivek Sen (@Vivek4real_)
BILLIONAIRE PAUL TUDOR JONES ON BUYING THE S&P 500 RIGHT NOW:
“IF YOU BUY THE S&P AT THIS CURRENT VALUATION, THE 10-YEAR FORWARD RETURNS ARE NEGATIVE WHEN YOU BUY WITH THE S&P P/E OF 22. THAT'S WHAT HISTORY SHOWS.”
JONES CALLED THE 1987 CRASH BEFORE IT HAPPENED.
HE'S NOT PREDICTING A CRASH.
HE SAYS THE CURRENT SETUP IS MORE LEVERAGED THAN ANYTHING HE'S SEEN, INCLUDING 2008.
“THE STOCK MARKET'S REALLY HIGH, AND IT'S GOING TO BE REALLY HARD TO MAKE MONEY FROM HERE.”
Video
— https://nitter.net/Vivek4real_/status/2068283216239186301#m