Investors better hope this time really is different

Wikimedia Commons A version of this post first appeared at The Felder Report Premium. "This time is different." Sir John Templeton famously called these, "the four most dangerous words in investing," but that hasn't stoppedmany pundits from pointing out the obvious ways in which this time is truly different from the past. And I don't disagree with them. In fact, we have seen this plenty of times before.During the late-1920's stocks rose to valuations that were unprecedented at the time. They did...