I read some retarded bubble debate. ok it's fucking stupid. the only question is if F P/E's are correct. based on what we know, they are. but if the economy takes a downturn... they wont' be, and stock prices will go down... Because earnings wont' be there.
a bubble would be if say... for some reason we decided that the P/E ratios of speculative stock was currently at 60 P/E and we decided it should be valued at 30 p/e
Wednesday, October 17, 2007
The Bubble debate
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment