Wednesday, March 04, 2009

The Problem Is Either Affirmative Action, Or That Das Kapital Did Not Mention P-E Ratios

Or probably, both.

What a tool:

"On the other hand, what you're now seeing is profit and earning ratios are starting to get to the point where buying stocks is a potentially good deal if you've got a long-term perspective on it."

--Barack Obama

It's price/earnings ratios. The "p" is for price. Price. Got it?


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