Starvine Capital 2H20 Commentary: Shiller PE Ratio Looks a Little Scary
Starvine Capital Corporation commentary for the second half ended December 2020, discussing the thoughts of Mr. Market and revisiting the Shiller PE Ratio. Q4 2020 hedge fund letters, conferences and more OverviewWhat is Mr. Market Thinking Now?Shiller PE Ratio: Looks a Little ScaryDear Starvine Capital Client: At this same point twelve months ago, the markets were riding higher and we were about to be slammed with the pandemic, which we are still dealing with today. For the 2020 calendar year, fully-invested accounts in the Starvine Flagship Strategy increased 4.7% to 4.8%, while Mid-Large Ca...