Harris Perlman

I don't buy (or short) the averages, so none of this is directly actionable for me. Still, it provides good context for the reality that it's hard to find absolutely-cheap stocks in the US these days. /End

For what it's worth, tech stocks aren't quite at the nosebleed multiples that they hit at the peak of the dot-com bubble. But at 38x earnings, they aren't far away. 8/X https://t.co/2aZOa6Wyxy