I doubt this. The stock market is overvalued. PetroChina has 5 times price-earning ratio than Exxon. Like a $50K BMW is sold for $250K in China. [#4152730@0 -ROLIA.NET 相约加拿大网上社区 之 枫下论坛 & 枫下部落, 枫下论坛主坛 ]
I doubt this. The stock market is overvalued. PetroChina has 5 times price-earning ratio than Exxon. Like a $50K BMW is sold for $250K in China.
by
omega4
(omega)
at
2007.12.31 12:19
(#4152730@0)
Most people have know idea how much their stock portofolio really worth. Only the greater fools theory apply - I don't care what I buy, as long as I believe someone will buy it from me later at a much higher prices