Tuesday, March 03, 2009

President Obama: Equity Analyst

First off O, it's not profits/earnings ratios, it's price/earnings.

Second, when earnings are 0, there is no price/earnings ratio.

I wonder what would have happened if Bush had said this.

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1 comment:

  1. Anonymous8:16 PM

    Prophet, demigod, president, messiah. With all that on his plate he still has time to give us persoanal financial advice. Is there anything he can't do?

    And I wonder if the market goes to 5000 will any news agancies remind us of the president's leading his people to financial ruin.

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