I will tell you what actually lures common people like me to market. The big headline by ET that above stock made X00’s percent. No matter how rational we try to be about it we become gullible. We need a counter balance similar to articles like this.
Sir, in 2008-2009, inflation was more than double of current value. Thus,similar levels of PE level for both period should not be comparable.
How, then, one to adjust inflation effect in PE?
(I am not an investor but I have been trying to learn more about investing)
you mean to say that we should buy pharma and not financial companies :DDDD
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