kurtS

Financial panics are an integral part of capitalism. So are economic recessions. The system generates them and it becomes stronger because of them. Like forest fires, they are painful when they occur, yet without them, the forest could not survive. They impose discipline, punishing the reckless, rewarding the cautious. They do so imperfectly, of course, as at times the reckless are rewarded and the cautious penalized. Political crises -- as opposed to normal financial panics -- emerge when the reckless appear to be the beneficiaries of the crisis they have caused, while the rest of society bears the burdens of their recklessness. At that point, the crisis ceases to be financial or economic. It becomes political.

Nice, but not very useful... Thank you

It is kinda useful post Bill... Thank you

Not much. But it is true that this topic is "Public Room to share and discuss any investment related." And property is of course investment...

As expected Apple is the most valued technology company. Nevertheless, its P/E ratio is not as extreme (as the P/E ratio of Microsoft in 2000). What would you expect? http://www.mebanefaber.com/wp-content/uploads/2012/10/chart9.jpg

Hi everyone, my name is KurtS and I'm new here.. hope to get useful information and new trading skills. Thnx and regards. K