The Uncomfortable Truth About the Market Price

There is an implicit bet that not only do I think this is what the company will do, but you are also having a bet there that I think the market will view that performance in a certain way. We still need the market to sort of come to the party at some point and say, oh yeah, turns out we were wrong, this thing is more valuable than what we thought. Because if that doesn't happen, I mean, I think it's a very good assumption to rest on. It actually is important to distinguish, compare and contrast the PE or maybe more importantly in our context, the earnings yield. Remember just the upside down PE against the dividend yield, two yields, two