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George Noble: A 20-50% Market Crash Is Coming
Forward Guidance
Is There a Difference Between Gap and Non-Gap Earnings?
Growth companies that have sold off 80%, 70%, like Netflix and meta, formerly Facebook, are down over 50%. I mean, come on, you have a high quality company that's profitable, that's making money growing its revenues and it's down 50%. You got to buy that, George, right? Yes and no. But one needs to be careful about the difference between gap and non-gap earnings.
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