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發表於 2020-10-18 08:01:18 | 顯示全部樓層 |閱讀模式


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 樓主| 發表於 2020-10-18 08:01:47 | 顯示全部樓層
It’s not just the younger generations fault, however. Smead says baby boomers certainly deserve some of the blame for riding “the index to a fault” and paying unrealistic premiums for the likes of longtime winners such as Costco COST, +1.31% and Microsoft MSFT, .

“Microsoft is a wonderful company,” he told CNBC. “But at 40 times earnings, there is a 0% chance of that producing wealth for someone over the next 10 years that will meet their needs.”
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