“If you want to beat the market, you can’t just track the index – you have to do something different. One strategy that has made outsized returns in the past…is to buy assets when they’re cheap. This goes for entire markets as well as individual stocks,” notes the author of today’s article, who advocates using the cyclically-adjusted price/earnings (CAPE) ratio to assess whether a stock (or stock market) is cheap. Which global stock markets appear cheap today based on CAPE – and what diversification strategy may be best when buying cheap markets? CLICK HERE.