Howard Marks: Cautious Investors May Miss Greatest Opportunity as S&P 500 P/E at 23x

According to Guru Club, Howard Marks, co-founder of Oaktree Capital, stated on June 18 that overly cautious investors risk missing the greatest investment opportunity in human history amid AI surge. Marks noted that the S&P 500's current price-to-earnings ratio stands at approximately 23x, 50% above the 80-year average of 16x, but well below the 2000 internet bubble peak of 32x and the "Nifty Fifty" era range of 60-90x, indicating valuations remain elevated but not yet excessive.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments