Listening to gloom-and-doomers will make you lose out on another year of gains - David Barse
New York (Jan 14) If the global equity markets may seem high by conventional metrics’ standards, this doesn’t indicate that markets are due for an imminent correction, said David Barse, CEO of XOUT Capital.
“When we use the word valuations, we’re talking about metrics that have been the historical basis for evaluating market prices. What XOUT is all about is one of the most significant forward-facing risks that all companies are dealing with and that’s technological disruption. What technological disruption has shown us in the last couple of years is that valuations in the traditional, traditional sense, really matter that much because the paradigm around how one evaluates or values a company has to change,” he said.
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