Monday, July 22, 2002
Madman mailed me this:
Financial Theory:
If you had bought $1000.00 worth of Nortel stock one year ago, it
would now be worth $49.00.
With Enron, you would have $16.50 of the original $1,000.00.
With Worldcom, you would have less than $5.00 left.
If you had bought $1,000.00 worth of Budweiser (the beer, not the
stock) one year ago, drank all the beer, then turned in the cans for
the 10 cent deposit, you would have $214.00.
Based on the above, the best current investment advice is to drink heavily and recycle.
:)
Financial Theory:
If you had bought $1000.00 worth of Nortel stock one year ago, it
would now be worth $49.00.
With Enron, you would have $16.50 of the original $1,000.00.
With Worldcom, you would have less than $5.00 left.
If you had bought $1,000.00 worth of Budweiser (the beer, not the
stock) one year ago, drank all the beer, then turned in the cans for
the 10 cent deposit, you would have $214.00.
Based on the above, the best current investment advice is to drink heavily and recycle.
:)