How to best deal with KOOKS at this web site Message Board

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Pastimes : How to best deal with KOOKS at this web site

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To: Iceberg who wrote (199)	4/20/1997 1:14:00 AM
From: Gottfried	of 1894

Ice, thank you for your confidence! Now that we're hardly ever discussing kooks, maybe we can use this thread for occasional investment related discussions of a general nature? Since you started the thread, it would be need your approval. I have one item that has occupied my thoughts lately: what are the premises and covenants that stock market investing is based on? I think the most important one is 'If earnings per share grow, then shares rise in value'. We have all seen this assumption violated in the short term. Is it valid in the long term? I would like us to make a list of tacit assumptions that underlie our participation in the market. Gottfried PS: good that you decided to stay!

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