alt Hacker NewsListing a bunch of tech stocks’ high P/E ratios doesn’t seem likely to convince someone who’s criticizing tech stock P/E ratios for being to high that tech stock P/E ratios are not too high.
Listing a bunch of tech stocks’ high P/E ratios doesn’t seem likely to convince someone who’s criticizing tech stock P/E ratios for being to high that tech stock P/E ratios are not too high.
I gave up on convincing people the sky is blue or that they need to breathe if they don't want to suffocate a while ago. And now we all have personal chatbots to confirm every single one of our biases on demand, hooray!
But the tech industry PE ratio is about 28. Since 30 is crazy, what's a reasonable PE ratio and when are you going to short the NASDAQ on margin and make your first billion, you market genius you?