Even Buffett thinks profits go down
Started by Riversider
almost 13 years ago
Posts: 13573
Member since: Apr 2009
Discussion about
Warren Buffett, 1999 In my opinion, you have to be wildly optimistic to believe that corporate profits as a percent of GDP can, for any sustained period, hold much above 6%. One thing keeping the percentage down will be competition, which is alive and well. http://greenbackd.com/2013/04/19/jeremy-grantham-profit-margins-are-probably-the-most-mean-reverting-series-in-finance/
And that stocks go up and that bonds aren't a good bet. And?
Yet RE keeps trucking... all HAIL RE... the only way to make MONEY!
>Yet RE keeps trucking... all HAIL RE... the only way to make MONEY!
Aren't you a commercial landlord?