Avg. Return on equiy in SPY is 1%. How are share prices sustainable?
Just reead in a CNBC.om stock profile that the whole S&P return on equity avg per stock is 1%. How has this market gone up THIS far with that foolishness? How has the market not collapsed when it was 1/2 what it was now and we were at 2% return. To understand how sick that is-Warren Buffet advises not buying any stock with ROE of less than 15%!!!!