About this site:

Macrovestor is a group of studies based on value investing. The site was established in May 2004 and remains very slow to change. This site was 'cleaned up' in May 2008 and is currently going through some improvements. Although the site's visual appearance is very different the site's actual content remains slow to change because historical-market records don't change. The main purpose of this site has simply become a place to keep track of my notes, and an opportunity to correspond with other long-term investors. Placing a value on different asset classes by comparing present valuations with historic valuations for the purpose of asset allocation remains the core idea of this site.

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