[Moseley]

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Eventually you and Stephen will come around kicking and screaming. And make 100 million between you. And when you do a mere apology will not be sufficient. We are talking about a suite in Dubai liberally stocked with hostesses.

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You got it David... [img]/images/graemlins/smile.gif[/img]

Have a Happy Thanksgiving,
Stephen

BTW ...Seriously whats "David Sklansky's Fundamental Theorem of Investing" as referred to above?



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I think it's: "Whenever a group of investors makes the wrong conclusion about a stock's worth, and reacts accordingly, and you, having interpreted the worth of that stock correctly, profit from those who misinterpreted its true value and sold, thus depressing the price of the stock and creating a bargain for you." [img]/images/graemlins/grin.gif[/img]

Of course, you could do it the ol' boring way and DRIP.

2k invested in Pepsi in 1980 is now worth 150k if you reinvested the dividends.

2k invested in Phillip Morris in 1980 is now worth 300k.

2k invested in Johnson and Johnson is worth 140k.

It's a very boring approach to investing for retirement and certainly not recommended for the action junkie.

HOWEVER! Your 6k investment is worth 600k today and your yearly dividends: 17k.

Exciting results for some. Some believe the road they took to get there is the thrill, not the end result.