Sean Ross is a strategic adviser at 1031x.com, Investopedia contributor, and the founder and manager of Free Lances Ltd. Ariel Courage is an experienced editor, researcher, and former fact-checker.

The question, “Is the market objectively overvalued?” is misguided for the following reasons: The plurality of objective values. Intrinsic value is real, and it can be determined objectively—given ...

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