INVESTORS SINCE 2014 HAVE BEEN PAYING TWICE THE RATE OF EARNINGS GROWTH
“Since the end of 2014, investors are paying twice the rate of earnings growth.”
“No matter how you look at the data, the point remains the same. Investors are currently overpaying today for a stream of future sales and/or earnings which may, or may not, occur in the future. The risk, as always, is disappointment.”
Read: Q1-Earnings Review – Risk To Estimates
