Take my 30% figure with a pinch of salt. I calculated it based on hitoric versus current P/E values and dividend yields. This is a pretty blunt instrument however because corporate governance is relatively opaque and as I mentioned before, a high retail investor base does distort data.
Still for what it is worth I still think 30% is about right.
Patriotism cannot be our final spiritual shelter; my refuge is humanity. Tagore, Bengali Poet
Take my 30% figure with a pinch of salt. I calculated it based on hitoric versus current P/E values and dividend yields. This is a pretty blunt instrument however because corporate governance is relatively opaque and as I mentioned before, a high retail investor base does distort data.
Still for what it is worth I still think 30% is about right.
Patriotism cannot be our final spiritual shelter; my refuge is humanity. Tagore, Bengali Poet