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One indicator there may be a bubble is when internet investors are bragging about a P/E "under 60" like it's a safe pair of hands.
by mvdtnz 1y ago
One indicator there may be a bubble is when internet investors are bragging about a P/E "under 60" like it's a safe pair of hands.
- MacsHeadroom 1y agoIf you believe their earnings will continue increase at the same rate for next two years then it's more like getting in early on a P/E under 15. No bubble, just solid growth expectations.