http://blogs.reuters.com/summits/2008/10/14/audio-kuwait-finance-house-sees-silver-lining-in-downturn/ Exclusive outtakes from industry leaders Sat, 28 Nov 2009 10:18:23 +0000 http://wordpress.org/?v=2.6.2 http://blogs.reuters.com/summits/2008/10/14/audio-kuwait-finance-house-sees-silver-lining-in-downturn/#comment-681 rick Tue, 09 Dec 2008 17:58:20 +0000 http://blogs.reuters.com/summits/2008/10/14/audio-kuwait-finance-house-sees-silver-lining-in-downturn/#comment-681 The fundamental reason to buy a stock is for the return on equity being earned by the company. With projected earnings for at least the next 12 months going down for just about every business, why would anyone buy any stock now ? Several analysts have stated that companies, like autos, are undervalued given the book value of their assets.. but how much is an assembly plant realy worth if no one is buying the cars that it makes or it is closed down.. there are still many vacant mill buildings here in New England that were last occuppied decades ago. Too many investsors ignor history. The stock market in the depression did not hit its low until 1933... not 1929 and did not fully recover until 1952. I will buy back in when their is a clear sign that a companys return on equity will head back up in the near term. The fundamental reason to buy a stock is for the return on equity being earned by the company. With projected earnings for at least the next 12 months going down for just about every business, why would anyone buy any stock now ? Several analysts have stated that companies, like autos, are undervalued given the book value of their assets.. but how much is an assembly plant realy worth if no one is buying the cars that it makes or it is closed down.. there are still many vacant mill buildings here in New England that were last occuppied decades ago. Too many investsors ignor history. The stock market in the depression did not hit its low until 1933… not 1929 and did not fully recover until 1952. I will buy back in when their is a clear sign that a companys return on equity will head back up in the near term.

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