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Overheard:
Grocery checker: Yes, I know that stock is up 6X this year, but what& #39;s the P/E ratio?
Bagger: Did you look at its free cash flow?
Checker: That& #39;s too much work. I don& #39;t want to actually do any work. All I need is a ratio I can easily find on one of many web sites.
Grocery checker: Yes, I know that stock is up 6X this year, but what& #39;s the P/E ratio?
Bagger: Did you look at its free cash flow?
Checker: That& #39;s too much work. I don& #39;t want to actually do any work. All I need is a ratio I can easily find on one of many web sites.
Bagger: Don& #39;t you think you should understand the actual business?
Checker: No. All you need is a P/E ratio. Everyone knows this. Well, that and CAPE. And of course whether the stock price has formed a short double bottom chart pattern. It looks sort of like the letter "W."
Checker: No. All you need is a P/E ratio. Everyone knows this. Well, that and CAPE. And of course whether the stock price has formed a short double bottom chart pattern. It looks sort of like the letter "W."
