Overview
Robert Shiller sat down for an interview with Goldman Sachs’ Allison Nathan where he discuss his views on various topics. He discussed how the market was overvalued just like in 1929, and the only difference is that both real estate and bonds are too. Mr. Shiller went into detail about the market being overvalued and discuss his views on the global bond bubble. He also said that investors should invest globally and reduce and maintain a small portion of their portfolios in U.S. stocks.
Read the complete interview here at GuruFocus.
Photo by Bengt Nyson via Flickr.