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Short Takes: Bad Stock Predictions, Sickly Dogs of the Dow, and more

1. Larry Swedroe holds Fortune Magazine’s nose in their year 2000 list of “stocks to last the decade”. It’s important (and funny) to check up on these silly predictions that seemed smart at the time. The most amusing two entries were Enron and Nortel.

2. Remember the “Dogs of the Dow” dividend yield approach to beating the market? Preet reports that it has underperformed the market for the last 15 years. Trying to follow the latest trend is a great way to avoid the problem of having too much money.

3. Potato provides details on his belief that we’re in a housing bubble.

4. Big Cajun Man pulls out a math word with his third lemma of money.

5. Ed Rempel tries to defend active investment managers, but gets ripped apart by commenters.

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Comments

  1. Money Smarts BlogJuly 9, 2010 at 7:39 AM

    Thanks for the link Michael.

    I can't believe that landlord separated floors by race. Lol.

    Mike

    ReplyDelete
  2. PotatoJuly 9, 2010 at 5:25 PM

    Thanks for the link :)

    Ouch on the landlord story! What were the other 4 items on the top 5 list?

    ReplyDelete
  3. Michael JamesJuly 9, 2010 at 5:41 PM

    @Potato: Let's see ... it's been a while. In no particular order:

    - Repeatedly accused me and my wife of committing acts of vandalism (whatever the latest problem was)

    - Promised to help sublet the apartment for 4 months, but actually blocked attempts to do so

    - Refused to return a hefty key deposit until I threatened to keep the keys

    - Scavenged our apartment for things like shower-heads while we were away

    - Had a new superintendent just about every month

    ReplyDelete
  4. Ray @ Financial HighwayJuly 12, 2010 at 6:36 AM

    Thanks for the link!

    ReplyDelete

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