Mr Bearbull 

Earnings illusion

Mr Bearbull

Mr Bearbull
Earnings illusion

Are you an EPS junkie? Could be, since many investors remain addicted to the crack cocaine of investing – the need for ever-rising earnings per share. For these sad victims, the craving rarely abates; the fix of the latest earnings figures brings only momentary tranquillity before the gnawing resumes.

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