27-09-2014, 07:56 PM 
		
	
	(27-09-2014, 04:34 PM)BlueKelah Wrote: Excellent examples why earnings and PE are not for the value investor, what will happen when earnings drop further???
Better use the other valuation metrics to get a better picture before deciding on value.
via Xperia Z1 with Android 4.4.4 running tapatalk.
Earning not for value investor? IIRC, Mr. Buffett uses "owner earning", which is a variance of earning

There are at least two major camp of valuation among value investor, one is using net-net on asset, the other one on earning growth
Anyway, I do agree PE valuation alone isn't sufficient.
“夏则资皮,冬则资纱,旱则资船,水则资车” - 范蠡
	
	
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