Thursday, 4 September 2008

Investment advice


I believe this was written some time in 2001. In todays times, Nortel, Enron and WorldCom should be changed to Lehman Brothers, Bear Stearns and Wells Fargo. The conclusion, however, will still remain unchnged.


"If you had bought $1,000 of Nortel  stock one year ago, it would now be worth $49."

"With Enron, you would  have $16.50 left of the original $1,000.

With Worldcom, you would have  less than $5 left.

"If you had bought $1,000 worth of beer one year ago,  drank all the beer, then turned in the bottles for the 10-cent deposit, you  would have $214. Based on the above, current investment advice is to drink  heavily and recycle."


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