Y'know, I agree with you, but I think you're arguing poorly.
one antiquated notation
Just because an idea is old doesn't mean it's bad.
that P/E is the only thing that matters
I hate to say "strawman", but strawman. Is it really saying that P/E is the only thing that matters? I think not, otherwise it wouldn't say things like "top line growth in many ways is far more important than earnings per share."
an idea that isn't taken seriously by anyone close to Wall Street or finance any more
Argument from (dubious) authority?
only perpetuated by "pop" finance drivel such as Fortune
Scare quotes and the use of the word "drivel"?
one antiquated notation
Just because an idea is old doesn't mean it's bad.
that P/E is the only thing that matters
I hate to say "strawman", but strawman. Is it really saying that P/E is the only thing that matters? I think not, otherwise it wouldn't say things like "top line growth in many ways is far more important than earnings per share."
an idea that isn't taken seriously by anyone close to Wall Street or finance any more
Argument from (dubious) authority?
only perpetuated by "pop" finance drivel such as Fortune
Scare quotes and the use of the word "drivel"?