But it took place in the midst of an extremely overvalued stock market,
elevated corporate profits, excess leverage and highly unsettled international conditions.
I've posted here regularly about the implications of mean reversion in
elevated profit margins (see, for example, The Temptation To Abandon Proven Models In Speculative and Fearful Markets: Why This Time Isn't Different, What Record Corporate Profit Margins Imply For Future Profitability and The Stock Market, Warren Buffett, Jeremy Grantham, and John Hussman on Profit, GDP and Competi
profit margins (see, for example, The Temptation To Abandon Proven Models In Speculative and Fearful Markets: Why This Time Isn't Different, What Record
Corporate Profit Margins Imply For Future Profitability and The Stock Market, Warren Buffett, Jeremy Grantham, and John Hussman on Profit, GDP and Competi
Profit Margins Imply For Future Profitability and The Stock Market, Warren Buffett, Jeremy Grantham, and John Hussman on
Profit, GDP and Competi
Profit, GDP and Competition).
Innovative and positive - minded leader in health care and technology enterprises, applying 14 years of experience to the achievement of
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