Markets have barely grown in 4 years

The stock market has delivered almost no returns in the last 4 years when you look at the actual dollars. Market participant Samith says the broader market is not cheap right now. Buying shares of companies whose prices are rising quickly can be one of the most dangerous moves. On the other hand, buying cheap stocks carries the risk of a value trap, where a business looks inexpensive but stays cheap because it is struggling. "discipline of valuation is very, very important" Buying cheap does not always mean getting a good deal.