Investment philosophy from a hedge fund manager (Jamaal Ghauri)

I've been following a hedge fund manager named Jamaal Ghauri for a while now. His forte is options trading, and I've done due diligence on his audited track record which is impressive as well. However, I'm uninterested in options, and wanted thoughts on his philosophy he shared with me in regards to picking stocks. This is what he said: "No one should be buying equities are these valuations. 10 year forward returns at these PE ratios have historically produced mediocre results. Not to ment

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