Rich was lucky not to be in the financial industry when he started this site. The polluting effect of colleagues in the business can be paralyzing.
Sadly the vast bulk of people never knew this site was here. I only stumbled on it when I connected RSS in Oct 07.
It is interesting to note that only in the last few months has the concensus forecast started to arrive in Rich’s territory.
Separately someone on this site(‘The purchase dilemma’) chose a base year ( ‘fair value year’ in my words ) of 2000 and projected by typical growth in earnings to arrive at a price level at which, in my words, it is safe to buy for the long term. I think that should be one focus now of this site; perhaps area by area.
Mind you, that is an impossible job for all areas built in the last decade. There the big ? will be the order of the day.
