bought in today, page-9

Well each to their own.

There are stocks around with ridiculous amounts of cash in hand trading on ridiculously low multiples that I'd rather "back the truck up" for rather than AVB, it's a question of how you choose to weight your portfolio.

And for me it all comes back to: before you have a P/E you've got to have an E. I'm happy to have a high risk portion of my portfolio but there's a limit to how much of my dollars I'm prepared to throw in that direction.