SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Value Investing

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: James Clarke who wrote (7555)6/22/1999 4:40:00 PM
From: Freedom Fighter   of 78702
 
James,

>>Companies booking a large percentage of their earnings off their pension fund might be another example.<<

Good point. This is one of a series of ways that the bull market itself is making corporate performance, earnings, and the economy look better than is actually sustainable. This in turn is encouraging more buying. That is exactly what Soros was talking about in "The Alchemy of Finance" and the sequels. It is part of the definition of a bubble too.

Wayne
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext