Sunday, 23 May 2010

Mountain of worry: Should we be greedy now?

Bài này có nhiều câu hay, nhứt là mấy câu đổ dầu vào lửa ở cuối bài!

“It’s normally a wall of worry, but this is a mountain.”

Hãy nghe 1 lão làng nói:

While the stock selloff reflects reasonable concern that Europe’s sovereign debt crisis will derail global growth, U.S. corporate earnings and favorable valuations will prevail, said Laszlo Birinyi, the founder of Birinyi Associates Inc. Profits for S&P 500 companies are forecast to increase 17 percent this year, pushing the index’s price to 13.2 times annual income, according to data compiled by Bloomberg.

“I am not of the view that we’re going to go into a 20 percent downdraft,” Birinyi said in a telephone interview yesterday. “We are buying to take advantage of this weakness.”

Tui tin Birinyi. Let see. Chả phải chúng ta thường nói tham lam khi bà con sợ hãi hay sao? Mountain of worry sounds very attractive!

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