One thing that always rubbed me the wrong way about looking at PE ratios is that a lot of stocks don’t pay you directly from their earnings (unless they have a

One thing that always rubbed me the wrong way about looking at PE ratios is that a lot of stocks don’t pay you directly from their earnings (unless they have a dividend). In other words, so what if the PE ratio is 1000 or 10 or 5? You as an investor aren’t going to get a piece of their earnings in any case. You only get paid when you sell your shares to someone else. Yes I just described the Greater Fool Theory...