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Politics : High Tolerance Plasticity

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To: Telemarker who wrote (8299)9/20/2001 4:13:11 PM
From: energyplay   of 23153
 
Telmarker - Excellent comment about investments produce income.

I expect we will see a shift to the idea that investments produce income, not go up in nominal value.

This will be a HUGE change. Probably bad news for biotech & other long dated speculative assets, which are simmilar to zero-coupon bonds.

Heard a radio stock program talking about preferreed stock a few days ago. Last 5 years NO one would have mentioned prefered stock.

When you find time, please post more, especailly any resources for learning...

Best Regards, energyplay
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