The Money Game |
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Página 109
I happened , in the fifties , to be associated with a Wall Street partner who was
one of the pioneers of a concept we can call The Rate of Compounding Earnings
. This is , I suppose , “ growth , ” although that word has been used to describe ...
I happened , in the fifties , to be associated with a Wall Street partner who was
one of the pioneers of a concept we can call The Rate of Compounding Earnings
. This is , I suppose , “ growth , ” although that word has been used to describe ...
Página 110
than tenfold , but the market's opinion of that earnings increase made the stock
appreciate 250 - fold . Anyone who bought the stock in 1962 and still has it is
happy , and anyone who put $ 10,000 into it in the dark moments of 1962 and
kept it ...
than tenfold , but the market's opinion of that earnings increase made the stock
appreciate 250 - fold . Anyone who bought the stock in 1962 and still has it is
happy , and anyone who put $ 10,000 into it in the dark moments of 1962 and
kept it ...
Página 112
You can look through and find other examples of companies which seemed to be
unique , and seemed to have found the golden path of stepladder earnings , only
to falter . Semiconductor stocks in the early sixties looked just like that . So you ...
You can look through and find other examples of companies which seemed to be
unique , and seemed to have found the golden path of stepladder earnings , only
to falter . Semiconductor stocks in the early sixties looked just like that . So you ...
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Contenido
2 Mister Johnsons Reading List | 15 |
Can Ink Blots Tell You Whether You Are | 33 |
4 Is the Market Really a Crowd? | 41 |
Derechos de autor | |
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