Analysts' forecasts for earnings I think are still a little too high. They are expecting 8-percent earnings growth. I don't think we're going to do that. For next year, they're expecting 14-percent earnings growth. I think we'll be lucky to do half of that. Ed Keon
Motivational, Inspirational, Funny Quotes
![[Market strategists said a variety of earnings disappointments, along with early anxiety in the bond market, bruised the bull market and threatened to send stocks even lower.] It is certainly a risk if you have new money in the market now with these kind of price-earnings ratios, ... This might be a time to be a little cautious. - Ed Keon Quotes](/pic/img/img.php?text=W01hcmtldCBzdHJhdGVnaXN0cyBzYWlkIGEgdmFyaWV0eSBvZiBlYXJuaW5ncyBkaXNhcHBvaW50bWVudHMsIGFsb25nIHdpdGggZWFybHkgYW54aWV0eSBpbiB0aGUgYm9uZCBtYXJrZXQsIGJydWlzZWQgdGhlIGJ1bGwgbWFya2V0IGFuZCB0aHJlYXRlbmVkIHRvIHNlbmQgc3RvY2tzIGV2ZW4gbG93ZXIuXSBJdCBpcyBjZXJ0YWlubHkgYSByaXNrIGlmIHlvdSBoYXZlIG5ldyBtb25leSBpbiB0aGUgbWFya2V0IG5vdyB3aXRoIHRoZXNlIGtpbmQgb2YgcHJpY2UtZWFybmluZ3MgcmF0aW9zLCAuLi4gVGhpcyBtaWdodCBiZSBhIHRpbWUgdG8gYmUgYSBsaXR0bGUgY2F1dGlvdXMuIA==&author=ICBFZCBLZW9uICAgIA==&num=4 "[Market strategists said a variety of earnings disappointments, along with early anxiety in the bond market, bruised the bull market and threatened to send stocks even lower.] It is certainly a risk if you have new money in the market now with these kind of price-earnings ratios, ... This might be a time to be a little cautious. - Ed Keon Quotes")
![[Two thoughts. First, savvy investors have long ignored the cost of goodwill amortization in valuing a company (many prefer cash now).] It's just cosmetics, ... If companies soar in value for the sole reason of this accounting change, I would take advantage of it and sell those stocks. - Ed Keon Quotes](/pic/img/img.php?text=W1R3byB0aG91Z2h0cy4gRmlyc3QsIHNhdnZ5IGludmVzdG9ycyBoYXZlIGxvbmcgaWdub3JlZCB0aGUgY29zdCBvZiBnb29kd2lsbCBhbW9ydGl6YXRpb24gaW4gdmFsdWluZyBhIGNvbXBhbnkgKG1hbnkgcHJlZmVyIGNhc2ggbm93KS5dIEl0J3MganVzdCBjb3NtZXRpY3MsIC4uLiBJZiBjb21wYW5pZXMgc29hciBpbiB2YWx1ZSBmb3IgdGhlIHNvbGUgcmVhc29uIG9mIHRoaXMgYWNjb3VudGluZyBjaGFuZ2UsIEkgd291bGQgdGFrZSBhZHZhbnRhZ2Ugb2YgaXQgYW5kIHNlbGwgdGhvc2Ugc3RvY2tzLiA=&author=ICBFZCBLZW9uICAgIA==&num=9 "[Two thoughts. First, savvy investors have long ignored the cost of goodwill amortization in valuing a company (many prefer cash now).] It's just cosmetics, ... If companies soar in value for the sole reason of this accounting change, I would take advantage of it and sell those stocks. - Ed Keon Quotes")
