Thanks go out to a colleague, who wishes to remain anonymous, for the following: How many investors would be inclined to believe they had found the proverbial "sure thing" if they owned shares in the company described below? Following its initial public offering in late 1985, this NYSE-listed firm achieved steady growth in earnings and dividends, and the shares delivered an annualized return of 24.8% from January 1986 through December 1999 compared to 18.04% for the S&P 500® Index.
Beating Warren Buffet
Beating Warren Buffet
Beating Warren Buffet
Thanks go out to a colleague, who wishes to remain anonymous, for the following: How many investors would be inclined to believe they had found the proverbial "sure thing" if they owned shares in the company described below? Following its initial public offering in late 1985, this NYSE-listed firm achieved steady growth in earnings and dividends, and the shares delivered an annualized return of 24.8% from January 1986 through December 1999 compared to 18.04% for the S&P 500® Index.