Funny, because you hear the same hand-wringing about how public companies (ie. the exact opposite of PE) only care about next quarter's earnings report. By that

Funny, because you hear the same hand-wringing about how public companies (ie. the exact opposite of PE) only care about next quarter's earnings report. By that metric, PE is better than public companies, because their source of capital is more secure and don't have to worry about flighty shareholders dumping their shares.