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Strategies & Market Trends : Buffettology -- Ignore unavailable to you. Want to Upgrade?


To: Robert Douglas who wrote (306)9/22/1998 2:34:00 PM
From: cfimx  Read Replies (1) | Respond to of 4691
 
a slow growth company that can be COUNTED on to grow earnings with some certainty over long periods is worth a growth stock multiple. the 90's were an abberation yes, but what is wrong with 10% to 12% returns in a 5% return environment, for bonds and maybe the S & P in general? Answer: nothing.