It is one thing to have single-digit P/Es in a high inflationary world.  2010-2012 was anything but, which makes it all the more remarkable how cheap some things actually got.

$MSFT $LMT $NOC $CSCO all got to single digits, &amp; in the case of Microsoft and Cisco, w/ a ton of cash https://t.co/tEiU1s9d40