Quote:
Originally Posted by Doctor Dre
Enron should definitly be #1 thought...
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Quote:
Originally Posted by DamageX
You need to learn the difference between bad INVESTMENT and bad MANAGEMENT.
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There's also a difference between bad management and crooked management. But that's another discussion altogether.
If Enron was trading at a multiple anywhere near where the rest of the S&P was trading (I think it was around 30 times earnings) then any sane investor should have gotten out.
