re: #547 Cognito

For what it’s worth, he didn’t actually say “profit to earnings ratio.” He may have indeed meant that, but he actually said, “profits and earnings ratios.”

Which is, through a tiny loophole, not actually wrong. But like I said, I suspect he was trying to address P-and-E ratios and screwed it up.

No, it is wrong. you can’t have a ratio of two things that are one and the same - it is pointless. He aimed at P/E RATIO, which someone no doubt gave him flash card tests on, and missed. It’s even worse that he said “and” rather than “to” - makes him even more clueless.