Stanley Nabi, the chief strategist of Silvercrest Asset Management, is another genius who believes that the market is "approximately 20% below what I would consider fair value, despite the fact that I am very conservative".
Seen on Yahoo Breakout:
A couple of other quotes from the interview:
- "Mega-Caps are very cheap"
- Nabi still regards the U.S. market as the "cheapest asset in the world, risk considered."