--- In FairfieldLife@yahoogroups.com, "larry.potter" <[EMAIL PROTECTED]> wrote: >
> > > > > > > > Not true. Current PE is around 40. Forward PE is about 35. > > a. Current PE is around 70, not sure how you got 40, There are lots of P/E's depending on time frame. You are using trailing 12 months (ttm), around 6.85. That clearly is rear view mirror given Googles growth rate. I used 06 calendar year estimate, 10.25 -- which is trailing 9 mo, plus estimates for nexxt quarter. Which gives P/E of 48 based on todays price. But given Google is up 60 points or so in the last few days, I used a more concervative price -- since I think the current rapic runup to 480 will correct a bit in the next week. So I said "around 40". Forward estimates can be a bettr gauge, IMO, than TTM, for a fast growing company like google. Anyway, there is no one correct number. One needs to know whats is making up the one being used -- and apply it appropriately. I like ot look at multiple numbers. > b. Forward PE is usably not reliable. > > http://finance.yahoo.com/q?s=GOOG > > > Did TM-Sidhis made you a better investor/trader? For many years, I plunked all my savings regularly in the market -- and was , part a fundamentals guy -- playing some stocks, part "efficient-market hypothesis" guy, just putting money into indexes. In retrospect, some things were "obvious" -- which may or may not have been some insights from "the core". Hard to know. Now, I primarily do short term trading -- based on technicals. Emotional or analytical attachment to a postion are deadly. So to the extent that TM/sidhis have made me able to totally disengage from any attachement to position in one moment, and embrace the exact opposite in the next -- essentially to be fully in the moment with aboslutely no attachement to one minute ago -- then I suppose TM/sidhis have had value for trading. Also, a "prolonged" high clarity of mind -- keeping 10-20 things in my mind similtaneously -- for a sustained 6-7 hours, plus the ability to focus 200% for 6-7 hours straight -- not an easy chore -- but valuable if not necessary -- I think are strengthened with some inner practice. To subscribe, send a message to: [EMAIL PROTECTED] Or go to: http://groups.yahoo.com/group/FairfieldLife/ and click 'Join This Group!' Yahoo! Groups Links <*> To visit your group on the web, go to: http://groups.yahoo.com/group/FairfieldLife/ <*> Your email settings: Individual Email | Traditional <*> To change settings online go to: http://groups.yahoo.com/group/FairfieldLife/join (Yahoo! ID required) <*> To change settings via email: mailto:[EMAIL PROTECTED] mailto:[EMAIL PROTECTED] <*> To unsubscribe from this group, send an email to: [EMAIL PROTECTED] <*> Your use of Yahoo! Groups is subject to: http://docs.yahoo.com/info/terms/
