Chris finds
the historical mean of the ratio to be ~ 67 %.
The long term
historical mean of 16.5 would imply a annual real return on equities of 6.5 % over the next 20 years.
The current Shiller P / E is 25 — roughly 50 % higher than
the historical mean of 16.5.
This means that every preacher has the job of building bridges of understanding between
the historical meaning of traditional words and the contemporary situation or symbol in which the same meaning is imbedded.
It still won't make the rapture any more real or change
the historical meaning of salvation.
The winner - take - all method is not entitled to any special deference based on history or
the historical meaning of the words in the U.S. Constitution.
Contrary to the traditional /
historical meaning of the term «cur», these dogs are neither mongrels, nor dogs of dubious breeding or value.
Boyd is an artist who explores landscapes, specifically referencing
the historical meaning of a unit of natural land to be occupied.
Not exact matches
In addition to
historical information, this release contains forward - looking statements within the
meaning of the Private Securities Litigation Reform Act
of 1995.
The volatility
of the business has prompted some casino operators to report their results on a hold - adjusted basis,
meaning they also tell investors what revenue would have been had winnings been more in line with
historical norms.
Any statements contained herein that are not
historical facts are forward - looking statements within the
meaning of the Private Securities Litigation Reform Act
of 1995.
And that doesn't
mean providing a mountain
of information on
historical returns.
Statements included in this press release that are not
historical in nature are forward - looking statements within the
meaning of the Private Securities Litigation Reform Act
of 1995.
All statements in this press release that are not statements
of historical fact are forward - looking statements within the
meaning of the Private Securities Litigation Reform Act
of 1995.
Except for the
historical information and discussions contained herein, statements contained in this news release constitute forward - looking statements within the
meaning of the Private Securities Litigation Reform Act
of 1995.
Note on forward - looking statements: This press release and accompanying schedules contain «forward - looking statements» within the
meaning of federal securities laws, including statements about earnings trends, estimates, and assumptions, and similar statements concerning anticipated future events and expectations that are not
historical facts.
Note on forward - looking statements: This press release and accompanying schedules contain «forward - looking statements» within the
meaning of federal securities laws, including statements about earnings trends, organizational and separation related efforts, estimates, and assumptions, and similar statements concerning anticipated future events and expectations that are not
historical facts.
Further, statements contained in this document and made on such call that are not statements
of historical fact, including those that refer to plans, assumptions and expectations for the current fiscal year and future periods, are forward - looking statements within the
meaning of the Private Securities Litigation Reform Act
of 1995.
Based on our
historical observations and the math
of the markets, gold is not overbought, in our opinion, but is simply reverting to its
mean.
The following is a hypothetical illustration
of mathematical principles, based on
historical results and in no way is
meant to predict or project the performance
of an investment or investment strategy.
Certain statements contained herein are not based on
historical fact and are «forward - looking statements» within the
meaning of the applicable securities laws and regulations.
The pace
of Fed rate increases is likely to be gradual,
meaning rates should stay low from a
historical perspective for the foreseeable future.
These statements are made as
of May 3, 2012 and we undertake no obligation to publicly update or revise any forward - looking statement, whether as a result
of new information, future events, or otherwise.: This press release and accompanying schedules contain «forward - looking statements» within the
meaning of federal securities laws, including statements about earnings trends, estimates, and assumptions, and similar statements concerning anticipated future events and expectations that are not
historical facts.
Note on forward - looking statements: This press release contains «forward - looking statements» within the
meaning of federal securities laws, including the timing
of and benefits resulting from the separation
of Marriott International and Marriott Vacations Worldwide, and similar statements concerning anticipated future events and expectations that are not
historical facts.
Note on forward - looking statements: This press release contains «forward - looking statements» within the
meaning of federal securities laws, including the information concerning possible or assumed future results
of operations, business strategies, financing plans, potential growth opportunities, potential operating performance improvements, benefits resulting from the separation
of Marriott International and Marriott Vacations Worldwide, and similar statements concerning anticipated future events and expectations that are not
historical facts.
Oversimplifying, that
means excluding unrealized gains in its bond portfolio and excluding the value
of its deferred tax asset (because
of historical losses, AIG won't be a cash taxpayer for years).
Through the lens
of the CFA study we reviewed, we can make a prediction that GameStop's P / E will revert closer to it's
mean historical ratio
of 10 in the coming years.
Central to this Court - led revolution is the idea that the Constitution is in a state
of more or less perpetual evolution, whence it follows that judges need not be bound by the precise words
of the document, or by prior precedent, or by settled
historical meaning.
Which
means we're centered on the gospel, the good news about the
historical reality
of the death and resurrection
of Jesus Christ.
People without any temporal horizons — without any
historical purpose or vision
of the future — grow enervated and decadent, and they begin to follow strange gods, who promise them
meaning.
Missouri Synod theologians had traditionally affirmed the inerrancy
of the Bible, and, although such a term can
mean many things, in practice it
meant certain rather specific things: harmonizing
of the various biblical narratives; a somewhat ahistorical reading
of the Bible in which there was little room for growth or development
of theological understanding; a tendency to hold that God would not have used within the Bible literary forms such as myth, legend, or saga; an unwillingness to reckon with possible creativity on the part
of the evangelists who tell the story
of Jesus in the Gospels or to consider what it might
mean that they write that story from a post-Easter perspective; a general reluctance to consider that the canons
of historical exactitude which we take as givens might have been different for the biblical authors.
This is precisely why he argued that judges often need, through careful
historical analysis, to consult the original
meaning of the words in the legal text.
But
of this I am confident: He has discerned the true
meaning of our
historical moment.
In taking up this strain
of his thought, his «Southernness,» I must make it clear at once that I myself am centrally concerned with «Southernness,» by which I do not
mean a limited
historical or geographical reduction to the local accidents
of place.
Faust, a noted historian, said: «The «black Mass» had its
historical origins as a
means of denigrating the Catholic Church; it mocks a deeply sacred event in Catholicism, and is highly offensive to many in the Church and beyond.»
In our
historical freedom we are able to transcend that natural fact, and we certainly need not let it be determinative for our understanding
of what motherhood
means.
A
historical compilation
of man, his understanding
of himself as far as what was right and wrong... and a
means to control the masses.
Thus no event can realize the full potential
of any ideal or group
of ideals, and still less the full potential
of antecedent occasions from which their
historical meaning was derived.
That does not
mean to say that they have no history or that they contribute to the loss
of historical consciousness.
My own efforts to probe the present and
historical uses
of the word «evangelical» have caused me to wonder if it is possible to give the word a common
meaning applicable to all the contexts in which it is used.
Historical events — a bloody Civil War — forced us to look more closely at how exactly the Bible talks not only about slavery but the biblical
meaning and value
of a human being.
In another essay he casts a distrustful eye to learned commentaries — in his view, they often obscure the plain
meaning of the text as they explore the linguistic and
historical context
of a passage.
But things will start to change when we insist upon seeing the human person as the focal point
of historical inquiry, the cynosure
of historical meaning, the fleetingly visible figure to be sought in history's lavish carpet.
that minimizes the
historical suffering
of women and minority groups in this country, 2) an overwrought persecution complex that confuses sharing civil rights with others with being persecuted by them, and 3) a persistent fear
of the perceived «other» — Muslims, LGBT people, immigrants, refugees, etc. — that results in culture wars
meant to «take back» the public square.
The second and third
meanings inapplicable to
historical events in the past have to do with modes
of presence in which something other than one's own subjectivity is present to that subjectivity.
It is therefore not possible to try to «prove» the Bible by
means of checking its
historical or scientific accuracy.
We may put it differently or even
mean different things by it, but an essential part
of Christianity is that the truth is not to be found in denying or escaping the arena
of natural and
historical activity, but within it.
If one holds that during the course
of human history a process
of development and refinement in the Church's understanding
of Christ has taken place, this does not
mean that one is rushing headlong into a position
of historical relativism that is ultimately corrosive
of the objectivity
of our faith.
But the person who maintains dialogue between the
historical and the contemporary has relevance and perspective, and the
meanings with which he meets life will be a product
of the dialogue.
The ten essays collected in In Search
of Lost
Meaning range broadly, from «anniversary» pieces (
of the 1989 elections, the emergence
of Solidarity, the imposition
of martial law, and Hungary's 1956 revolt) to treatments
of historical memory and judgment (that part
of the book is titled «The Work
of Hatred») to Catholic «Jewish relations.