Jim, Abbey J Cohen (Goldman's Stock Guru) justifies these differentials by noting that the pre-tax profits of the S&P 500 have increased at an annual average compound growth rate of +20% from 1991 through 1997:1. Read' em and weep jason
Jim, Abbey J Cohen (Goldman's Stock Guru) justifies these differentials by noting that the pre-tax profits of the S&P 500 have increased at an annual average compound growth rate of +20% from 1991 through 1997:1. Read' em and weep jason