Re:Google blew it with open source layoffs
by bryanlarsen on Saturday May 20, 2023 @11:57PM
(#36017892)
During times of low interest rates, 27 is a reasonable P/E. When interest rates are high, it isn't. A P/E of 25 is a rate of return of 1/25 or 4%. TBills return 5% and are a lot less risky.
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The S&P 500 as a whole is trading at a P/E of 24. If there are any delusions about equity valuations they're not specific to Google.
Re:Google blew it with open source layoffs
by reducesuffering on Monday May 22, 2023 @12:21PM
(#36033411)
When inflation is 5%, stocks are long term immune due to their price being denominated in the inflating currency. T bills will still return 5% but stocks will 4% return + 5% inflation for 9%