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And some valuations of standing forests in the Amazon have produced very positive results.
Still, he said, "we're a little concerned that some valuations in some parts of the market are aggressive, unless companies are doubling their sales growth year over year".
You could get some valuations from your local estate agent, but if you have no intention of using any of them it's not something I'd personally be comfortable doing.
In general, Mr. Niles said he was recommending that investors steer clear of technology, but he added that the computer hardware sector, with some valuations near a five-year low, is a more appealing place than some other sectors.
"By some valuations prices are very high, but for many years we didn't see enough construction and there is pent up demand".
Some poor business models have been exposed, some valuations had become quite optimistic and some businesses were relying on very inexpensive credit that was likely irrationally granted in the first place.
Similar(51)
But, just for the heck of it, let's consider some valuation metrics that old-school stock-market investors — the Benjamin Grahams and Warren Buffets of the world — like to look at.
This may have nothing to do with earnings, but since they can't justify buying a stock based on its earnings, they justify it with some valuation method they invented".
Another tried-and-trusted route to outperformance is to take a "value" approach: buying the shares of companies that look cheap on some valuation measure, such as the ratio of the share price to profits.
And if the deficit is not tackled, interest rates will rise as markets take fright.The relative lack of housing supply in Britain may explain some valuation premium relative to America around 7% on a price-to-GDP-per-head basis, calculates Mr Joshi.
The chief executive of Credit Suisse, Brady W. Dougan, said Tuesday that while most of the write-down was attributable to "pretty adverse market conditions," the mismarkings mostly involved "delinquencies of updating of pricing" and "some valuation issues where the pricing did not meet our standards".
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com