If I might suggest, JB`s approach is based on the market being emotional more than logic driven. Therefore, if one constructs a seemimgly reasonable argument for the numbers being at ``X`` level, then the market will buy it and rise to the occasion. Doesn`t matter if it really holds water, just that it sells.

A good example of this theory is back in the late 90`s and 2000 the market was overinflated with all sorts of justification - remember the buzz word ``new economy``, back inthe days when Amazon was hiked to $400/share and they were operating in the red...but still there were ``Experts`` lining up to justify this calculation?...we know that party didn`t last too long.

I`ll give it that he`s making a valiant attempt to promote a mindset - it may take hold at some point, but It just doesn`t completely fit with something sustainable in the marketplace.

Regards