Zeev's Turnips Patch-No Politics (ZEEV)

[punkle]

Limtex, I strongly disagree with your quote "historical valuations are meaningless."

And the point that there are more stockholders in the world today than ten years ago is true but I don't understand it's meaning. The number of stockholders in the markets have increased ever since the markets were created and we've had ups and downs.

It would be interesting to see a chart that compares the increase in stockholders to the increase in market cap over the last ten years.

Anyway I think historical valuations are very important and today valuations are far too high.