Uh, oh.
|
Sam Kahn: “I know this won't fly as a submission to the Value Investors Club you wrote about last
week, but my favorite recommendation is to buy mutual funds managed by
[differently-beautiful] women. Women
still have to work harder than men to be successful and [differently-beautiful]
women have to work even harder than that.
I usually don't find what I need in a prospectus, but with a little research
(sometimes it's a judgment call), this has worked for me.” F Differently-beautiful was not
exactly the adjective Sam used, but everyone is beautiful in some way – especially
if they’re earning you better than average returns on your money. UPDATES:
·
Bob Stally: “Forbes.com has some good and active message boards, including one for Calton.” ·
Ralph: “Re: lowermybills.com, you
should check out abtolls.com
and ecglongdistance.com. Either one has lower rates.” ·
Last
March 14 I
told you about some stock picks of a very smart friend. As of Friday they were up, collectively,
about 67%. One of them, Jones Apparel (JNY), up 73%, and has also been
favored by Warren Buffett. I noticed
Friday that some Buffett-controlled entities have recently sold some of their
JNY. Since I had it in a retirement
account, sheltered from tax, I sold mine as well. This isn’t to say JNY won’t continue to thrive, or even that I’ve
interpreted the insider-trading data properly.
But you know the old saying about bulls, bears, and pigs. ·
Meanwhile,
the Great Atlantic & Pacific Preferred J stock (GAJ) suggested here in January at $12
(now $22), paid its regular 58-cent-a-share quarterly dividend again in May, as
it did in February . . . leading me, of course, to wish (at least for now,
until something terrible happens) that I had bought much more. But there’s an old saying for that one, too –
“would’a-could’a-should’a.” Roughly
translated: “Get over it!” ·
The
free books went to a teacher in Fort Wayne, Indiana. ·
For
more on the vandal scandal – click here.
© 1998, 1999, 2000, 2001 Andrew Tobias