16 February 2009

S&P Humor

GCFR visits the S&P web site every month and downloads a dry-as-dust Excel workbook with earnings data for S&P 500 index.  The data are used in our earnings models.


We were surprised to see that Howard Silverblatt, S&P Senior Index Analyst, included the following remark in the "Estimates&PEs" worksheet of the current workbook.
"As Reported short-term P/E (column H) higher than the bleachers at Yankee Stadium (old, hope I can still afford ones in the new stadium)"

See:  Financial analysts do have a sense of humor!

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