December 28th Humor
@ My grandfather was sipping a beer when he confessed to me that he drank more than usual the day before. “What is more than usual?” I asked. “A case.” “You drank a case of beer in a day?” “Well,” he grumbled defensively, “it doesn’t take all day.”
Goodman was a moderately successful stockbroker who dreamed of making the big money someday. He took his friend out for a drive. He chose the route carefully to show the possibilities of the brokerage business. “Look at that yacht,” he said as they drove past the marina. “That belongs to the senior partner at Merrill Lynch. That boat over there is owned by the head of Goldman Sachs and look at that huge one over there. That’s the pride and joy of the top seller at Prudential Bache.” His friend was silent. Goodman turned to look at him and saw a pained look on his face. “What’s the matter?” Goodman asked. “I was just wondering,” his friend asked, “are there any customer yachts?”
If you had purchased $1000 of AIG stock eight years ago you would have $42 left. Lehman brothers, you would have to $6.66 left. With Fannie and Freddie would’ve had less than five dollars left. But if you purchased $1000 worth of beer one year ago, drank all of the beer, then turned the cans and for the recycled aluminum refund you would have $14. Based on this information, my best current investment advice is to drink heavily and recycle. It is called your 401keg.