Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 252.25

+0.9%

Nov 28 9:30 AM EST

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To: Kirk © who wrote (50240)	8/6/2001 11:50:31 PM
From: Jacob Snyder	Read Replies (1) of 70976

OK, I misread. I invest mainly in Nas stocks, so that's what I think of as "the market". That's not a fair comparison, CDs vs. the Nas, because a not-small fraction of the Nas stocks currently traded, are likely to be delisted, between now and 2010. That's unlikely to happen to any CD. If you pick only the Nas stocks that survive, maybe they might outperform CDs. A similar (false) analysis of the railroad industry, would be to look at the return over time of railroad stocks currently listed. That would ignore the returns on the vast majority of railroad stocks over the last 150 years (the ones whose price has gone to zero). In a similar fashion, the 2 or 3 BTC stocks still listed on the Nas in 2010 will probably have had decent returns.

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