Retired CEO of CHIPPEWA PARTNERS, Native American Advisors, Inc., a money manager founded in 1995. A White Earth Chippewa Dean helped Native Americans for decades. Raised conservative, he trained on Wall Street in 1982/83, met game changer William O'Neil in 1984. In a world on a dopamine, hypomanic binge, this is his take on financial chicanery, political crime and life well lived. Written from the Parisian Family Office at the Ghost Ranch in MT or at Pamelot, their TN farm.
Wednesday, December 14, 2016
Yellen Fed Speak aka bullshit................
Normal ranges??? I believe it's fair to say that Yellen is either under duress, a bold face liar, or completely clueless.
28 P/E totally normal. As is 3 times book value. Highest price to sales ever. Earnings yield below 4%.
I can't think of anything more normal than that for stocks.