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(Thursday 27th September 2001)

If you bought $1,000 worth of Nortel stock one year ago, it would now be worth $49. If you bought $1,000 worth of Budweiser (the beer, not the stock) one year ago, drank all the beer and traded in the cans for the nickel deposit, you would have $79.
What do we learn? Stocks - like beer - are a waste of money.

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Martin Spernau
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