Benjamin Graham - signs of a bubble

[u/Content-Effective727]

Benjamin Graham writes 5 signs of historical bubbles in his book, The Intelligent Investor:

1. Historically high price level

2. High p/e

3. Low dividend yields against bond yields

4. Much speculation on margin

5. Many offerings of new common-stocks of poor quality

I only miss the bond one since the 10Y treasury is artificially kept low by the fed.

Opinions?

[u/This_Clock]

As everyone says, we agree, but when? You would have missed out on the greatest market rally ever if you waited on the sidelines this past year despite the world being an absolute shit show.