Re: price-to-earnings ratios and fundamental analysis
jimp_at_specsol-spam-sux.com
Date: 03/27/05
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Date: Sun, 27 Mar 2005 01:06:30 +0000 (UTC)
In sci.physics Schoenfeld <schoenfeld1@gmail.com> wrote:
> CWatters wrote:
> > "Uncle Al" <UncleAl0@hate.spam.net> wrote in message
> > news:4245CD95.E2A0ED41@hate.spam.net...
> > > kentonyee@hotmail.com wrote:
> > > >
> > > > What is the formal economic theory of price-to-earnings ratios
> and
> > > > fundamental analysis?
> > > [snip]
> > >
> > > Insider trading is reserved for the ruling class as it has been
> since
> > > the days of Joseph Kennedy. The broker makes his commission no
> matter
> > > which way your investments slide. Uncle Al has never met a stock
> > > broker who invested in stocks.
> >
> > Well that's a load of twaddle. Even brokers have pensions.
> Yeah, Gold Bullion.
And it would be a piss poor investment since the average price of gold
shows a general downward trend since the late 70's.
An ordinary passbook savings account would be a better investment many
times over.
-- Jim Pennino Remove -spam-sux to reply.
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