Episode 223: A Celebrity Deathmatch About CAPE Ratios And Related Topics

<p>In this episode we answer an email from Daniel, who asks a follow-up question to episode 209 about CAPE ratios and Big ERN&apos;s blog.  We then recount a Zoom chat and email exchanges between the host and Karsten Jeske about that topic and related ones and an analysis of a sample risk-parity style portfolio using the Early Retirement Now SWR Toolbox.  It&apos;s similar to &quot;Celebrity Deathmatch&quot; in entertainment value.<br/><br/>We also talk briefly about Risk Parity Chronicles, The upcoming EconoMe Conference with Diania Merriam and the upcoming event at the Father McKenna Center.<br/><br/>Links (&quot;the best links, the best&quot;):<br/><br/>Father McKenna Center Lessons and Carols Event Link:  <a href='https://fathermckennacenter.org/lessons-and-carols/'>Lessons and Carols - Father McKenna Center</a><br/><br/>Risk Parity Chronicles:  <a href='https://www.riskparitychronicles.com/'>Risk Parity Chronicles</a><br/><br/>EconoMe Conference:  <a href='https://economeconference.com/'>EconoMe Conference - March 17th-19th, 2023</a><br/><br/>Early Retirement Now SWR Toolbox:  <a href='https://earlyretirementnow.com/2018/08/29/google-sheet-updates-swr-series-part-28/'>An Updated Google Sheet DIY Withdrawal Rate Toolbox (SWR Series Part 28) – Early Retirement Now</a><br/><br/>Safe Withdrawal Series Part 34:  <a href='https://earlyretirementnow.com/2020/01/08/gold-hedge-against-sequence-risk-swr-series-part-34/'>Using Gold as a Hedge against Sequence Risk – SWR Series Part 34 – Early Retirement Now</a><br/><br/>Kitces CAPE Ratio Article 2014:  <a href='https://www.kitces.com/blog/shiller-cape-market-valuation-terrible-for-market-timing-but-valuable-for-long-term-retirement-planning/'>Shiller PE: Bad Market Timing, Good Retirement Planning (kitces.com)</a><br/><br/>Kitces CAPE Ratio Article 2016:  <a href='https://www.kitces.com/blog/should-equity-return-assumptions-in-retirement-projections-be-reduced-for-todays-high-shiller-cape-valuation/'>Reducing Retirement Return Assumptions For High Valuation? (kitces.co