mostly environmentally friendly. the study s author says, quote, if we are using ethanol for environmental benefits and air quality and climate change we are going down the wrong path. well that s scary, dana. is this making you rethink the all electric car you drive to work? right. that would be my feet? yes. yaba-daba-doo. it is great for parking in the city. the great thing about this is i like the high degreeds. i like the new the hybrids, the new technology. there is nothing more smug that somebody who drives an electric vehicle and they are so much better than anybody else. if you ask them two follow-up questions, where does your electricity come from? they say, i don t know. did you know it comes from a coal-fired power plant? uh. they can t make two and two equal four. the other question to ask,
honesty, rigor, and precision that stock markets simply aren t capable of. they re not. we re presuming in short that what matters to companies actually matters to their stocks too on a daily basis. but it s just not true. before i delve into what to do with this kind of market, i want to start this debate, the whole debate over the rationality of stocks versus companies, by examining the curious case oh, curious case of ross stores. okay, we ve anointed this off-price retailer as the quintessential retail growth stock of this period. the one that should be bought if we get any macro weakness, meaning weakness from europe. simply because the connection to europe isn t just tenuous, it s nonexistent. think about it. here s a lower priced apparel merchant that has consistently put up the best numbers of any retail chain. i understand it s doing well now. it combines all the trade down characteristics of a dollar store with the renewing expanding component of a small retaile
why is it so important? why should it matter? now, we ve got to spend some time addressing this issue, because the very question presumes a level of rationality, honesty, rigor, and precision that stock markets simply aren t capable of. they re not. we re presuming in short that what matters to companies actually matters to their stocks too on a daily basis. but it s just not true. before i delve into what to do with this kind of market, i want to start this debate, the whole debate over the rationality of stocks versus companies, by examining the curious case oh, curious case of ross stores. okay, we ve anointed this off-price retailer as the quintessential retail growth stock of this period. the one that should be bought if we get any macro weakness, meaning weakness from europe. simply because the connection to europe isn t just tenuous, it s nonexistent. think about it. here s a lower priced apparel merchant that has consistently put up the best numbers of any retail
presumes a level of rationality, honesty, rigor, and precision that stock markets simply aren t capable of. they re not. we re presuming in short that what matters to companies actually matters to their stocks too on a daily basis. but it s just not true. before i delve into what to do with this kind of market, i want to start this debate, the whole debate over the rationality of stocks versus companies, by examining the curious case oh, curious case of ross stores. okay, we ve anointed this off-price retailer as the quintessential retail growth stock of this period. the one that should be bought if we get any macro weakness, meaning weakness from europe. simply because the connection to europe isn t just tenuous, it s nonexistent. think about it. here s a lower priced apparel merchant that has consistently put up the best numbers of any retail chain. i understand it s doing well now. it combines all the trade down characteristics of a dollar store with the renewing expan
now, we ve got to spend some time addressing this issue, because the very question presumes a level of rationality, honesty, rigor, and precision that stock markets simply aren t capable of. they re not. we re presuming in short that what matters to companies actually matters to their stocks too on a daily basis. but it s just not true. before i delve into what to do with this kind of market, i want to start this the debate, the whole debate over the rationality of stocks versus companies, by examining the curious case oh, curious case of ross stores. okay, we ve anointed this offprice retailer as the quintessential retail growth stock of this period. the one that should be bought if we get any macro weakness, meaning weakness from europe. simply because the connection to europe isn t just tenuous, it s nonexistent. think about it. here s a lower priced apparel merchant that has consistently put up the best numbers of any retail chain. i understand it s doing well now. it