Earnings Are Figment Of Accountants' Imaginations. Exiting Equity Would Be A Mistake
· seekingalpha.com
S&P 500 earnings surged 60% in 3 years—dot-com bust fears? See why cash flows, capex discipline, and stricter accounting may reduce risk.
In the final years of the last millennium, driven by optimism over a transformative new technology (the internet), new ways of communication (3G cellular networ...